Watheeq Capital https://www.watheeq.com/en/ Tue, 06 May 2025 11:39:55 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.2 https://www.watheeq.com/wp-content/uploads/2024/07/favicon.png Watheeq Capital https://www.watheeq.com/en/ 32 32 Dome International Investment Company Announces Its Intention to List Shares on the Parallel Market https://www.watheeq.com/en/dome-international-investment-company-announces-its-intention-to-list-shares-on-the-parallel-market/ Tue, 06 May 2025 11:04:58 +0000 https://www.watheeq.com/%d8%b4%d8%b1%d9%83%d8%a9-%d8%af%d9%88%d9%85-%d8%a7%d9%84%d8%b9%d8%a7%d9%84%d9%85%d9%8a%d8%a9-%d9%84%d9%84%d8%a7%d8%b3%d8%aa%d8%ab%d9%85%d8%a7%d8%b1-%d8%aa%d8%b7%d8%b1%d8%ad-%d8%ac%d8%b2%d8%a1-%d9%85/ We at Watheeq Capital are pleased to announce that Dome International Investment Company intends to offer a portion of its shares and list them on the Parallel Market.

Prospectuses:

https://cma.org.sa/Market/Prospectuses/Documents/Dome.ar.pdf

]]> The Capital Market Authority Announces the Approval on the Registration and Offering shares of Rawabi Marketing International Company in the Parallel Market https://www.watheeq.com/en/the-capital-market-authority-announces-the-approval-on-the-registration-and-offering-shares-of-rawabi-marketing-international-company-in-the-parallel-market/ Sun, 23 Mar 2025 19:54:32 +0000 https://www.watheeq.com/?p=1874 The Capital Market Authority “CMA” Board has issued its resolution dated on 20/09/1446H corresponding to 20/03/2025G approving of Rawabi Marketing International Company “the Company” application for the registration and offering of (1,000,000) shares representing (6.45%) of the Company’s share capital in the Parallel Market. The offer will be confined to Qualified Investors stipulated in the Glossary of Defined Terms Used in the Regulations and Rules of the Capital Market Authority. The prospectus will be published within sufficient time prior to the start of the offering.

Prospective Qualified Investors should conduct their own due diligence on the information disclosed in the prospectus. If the prospectus proves difficult to understand, it is recommended to consult with an authorized financial advisor prior to making any investment decision.

The CMA’s approval on the application should never be considered as a recommendation to invest in the offering or shares of the company. The CMA’s approval on the application merely means that the legal requirements as per the Capital Market Law and its Implementing Regulations have been met.

The CMA’s approval on the application shall be valid for (6) months from the CMA Board resolution date. The approval shall be deemed cancelled if the offering and listing of the Company’s shares are not completed within this period.

]]> The Capital Market Authority Announces the Approval on the Registration and Offering shares of Afaq Al Arabiya for Transportation & Storage Company in the Parallel Market https://www.watheeq.com/en/the-capital-market-authority-announces-the-approval-on-the-registration-and-offering-shares-of-afaq-al-arabiya-for-transportation-storage-company-in-the-parallel-market/ Sun, 23 Mar 2025 19:53:42 +0000 https://www.watheeq.com/?p=1876 The Capital Market Authority “CMA” Board has issued its resolution dated 20/09/1446H corresponding to 20/03/2025G approving Afaq Al Arabiya for Transportation & Storage Company “the Company” application for the registration and offering of (900,000) shares representing (10%) of the Company’s share capital in the Parallel Market. The offer will be confined to Qualified Investors stipulated in the Glossary of Defined Terms Used in the Regulations and Rules of the Capital Market Authority. The prospectus will be published within sufficient time prior to the start of the offering.

Prospective Qualified Investors should conduct their own due diligence on the information disclosed in the prospectus. If the prospectus proves difficult to understand, it is recommended to consult with an authorized financial advisor prior to making any investment decision.

The CMA’s approval on the application should never be considered as a recommendation to invest in the offering or shares of the company. The CMA’s approval on the application merely means that the legal requirements as per the Capital Market Law and its Implementing Regulations have been met.

The CMA’s approval on the application shall be valid for 6 months from the CMA Board resolution date. The approval shall be deemed cancelled if the offering and listing of the Company’s shares are not completed within this period.​

]]> The Capital Market Authority Announces the Approval on the Registration and Offering shares of Qudra for Communications and Information Technology Company in the Parallel Market https://www.watheeq.com/en/the-capital-market-authority-announces-the-approval-on-the-registration-and-offering-shares-of-qudra-for-communications-and-information-technology-company-in-the-parallel-market/ Mon, 17 Mar 2025 22:18:54 +0000 https://www.watheeq.com/?p=1858 The Capital Market Authority “CMA” Board has issued its resolution dated 17/09/1446H corresponding to 17/03/2025G approving Qudra for Communications and Information Technology Company “the Company” application for the registration and offering of (5,000,000) shares representing (18.18%) of the Company’s share capital in the Parallel Market. The offer will be confined to Qualified Investors stipulated in the Glossary of Defined Terms Used in the Regulations and Rules of the Capital Market Authority. The prospectus will be published within sufficient time prior to the start of the offering.

]]> We were honored by the recognition of His Excellency the Minister of Municipalities and Housing, Mr. Majid Al-Hogail, who acknowledged Watheeq Capital for its role as a Platinum Partner https://www.watheeq.com/en/we-were-honored-by-the-recognition-of-his-excellency-the-minister-of-municipalities-and-housing-mr-majid-al-hogail-who-acknowledged-watheeq-capital-for-its-role-as-a-platinum-partner/ Wed, 29 Jan 2025 20:09:18 +0000 https://www.watheeq.com/?p=1837 We were honored by the recognition of His Excellency the Minister of Municipalities and Housing, Mr. Majid Al-Hogail, who acknowledged Watheeq Capital for its role as a Platinum Partner of the Real Estate Future Forum during the partner recognition ceremony.

]]> Signing of an agreement for the development of a residential tower in the Eastern Province with Al-Emmar Ocean Development Company https://www.watheeq.com/en/signing-of-an-agreement-for-the-development-of-a-residential-tower-in-the-eastern-province-with-al-emmar-ocean-development-company/ Wed, 29 Jan 2025 20:06:41 +0000 https://www.watheeq.com/?p=1826 As part of the Real Estate Future Forum activities, an agreement was signed for the development of a residential tower in the Eastern Province with Al-Emmar Ocean Development Company, valued at over 300 million Riyals.

]]> The signing of a Memorandum of Understanding with Rafen Real Estate Company https://www.watheeq.com/en/the-signing-of-a-memorandum-of-understanding-with-rafen-real-estate-company/ Wed, 29 Jan 2025 20:01:12 +0000 https://www.watheeq.com/?p=1833 As part of the Real Estate Future Forum activities, Watheeq Capital signed a Memorandum of Understanding with Rafen Real Estate, a company within the Mohammed bin Saleh Al-Saif Group, aimed at establishing a real estate fund.

]]> His Excellency the Minister of Municipalities and Housing, His Excellency the Minister of Industry and Mineral Resources, and His Excellency the Chairman of the Capital Market Authority honor the booth of Watheeq Capital, the Platinum Sponsor of the Real Estate Future Forum. https://www.watheeq.com/en/his-excellency-the-minister-of-municipalities-and-housing-his-excellency-the-minister-of-industry-and-mineral-resources-and-his-excellency-the-chairman-of-the-capital-market-authority-honor-the-boot/ Wed, 29 Jan 2025 19:49:56 +0000 https://www.watheeq.com/?p=1831 The booth of Watheeq Capital, the Platinum Sponsor of the Real Estate Future Forum, was honored by a high-level visit from several esteemed ministers and senior officials.

His Excellency the Minister of Municipalities, Rural Affairs, and Housing, His Excellency the Minister of Industry and Mineral Resources, and His Excellency the Chairman of the Capital Market Authority visited the company’s booth.

Upon their arrival, senior executives of Watheeq Capital welcomed them and gave them a brief overview of the company’s latest projects and services in the real estate sector.

Their Excellencies expressed their admiration for the company’s advancements and praised its role in driving the growth of the real estate sector in the Kingdom.

They also underscored the importance of continuing efforts to strengthen public-private partnerships, contributing to the realization of Saudi Vision 2030.

This visit reaffirms the leadership’s commitment to supporting national companies and encouraging their role in achieving sustainable development.

]]> Watheeq Capital Announces a Partial Exit of One of Its Investment Funds from Rize Company https://www.watheeq.com/en/watheeq-capital-announces-a-partial-exit-of-one-of-its-investment-funds-from-rize-company/ Thu, 23 Jan 2025 16:43:38 +0000 https://www.watheeq.com/?p=1800 Achieving a Return Nearly 4 Times the Investment Amount in a Record Period of 22 Months

Watheeq Capital has announced its partial exit from Rize Company. Through the Watheeq PropTech Venture Fund, the company achieved an investment return of nearly four times the initial investment in just 22 months.

The exit coincided with Rize Company’s successful closure of its Series A funding round, raising SAR 132 million (USD 35 million). The round was led by Raed Ventures, with participation from investors such as Nama Ventures and Sidra Ventures.

Watheeq Capital will retain its remaining stake in Rize Company, reaffirming its confidence in its growth and potential for future success.

Watheeq Capital, a company licensed by the Capital Market Authority under license number (18189-32), has announced its partial exit from Rize, a Saudi-based PropTech company. The exit was achieved through the Watheeq PropTech Venture Fund, generating an investment return nearly 4 times the initial amount in just 22 months.

This exit coincides with Rize’s successful closure of its Series A funding round, raising SAR 132 million (USD 35 million). The round was led by Raed Ventures, with participation from prominent investors such as Nama Ventures, Sidra Ventures, Aqar Platform, Joa Capital, and Hala Ventures.

Watheeq Capital was among the earliest supporters of Rize, participating in its Pre-Seed funding round through the Watheeq PropTech Venture Fund. The fund, licensed by the Capital Market Authority, focuses on investing in promising PropTech companies. Watheeq Capital also confirmed that it will retain its remaining stake in Rize, reaffirming its continued confidence in its growth and potential for future success.

In his statement, Mr. Abdullah Al-Mohareb, CEO of Watheeq Capital, said:

“We are proud of our partnership with Rize, which represents a pioneering model in the emerging PropTech sector in the Kingdom. This success reflects the strength of Rize’s technological solutions, their ability to meet local market needs, and their potential to drive future growth opportunities.”

Mr. Abdullah also emphasized that past performance does not necessarily reflect future results for the fund. He reaffirmed Watheeq Capital’s commitment to its leading role in providing innovative investment opportunities and supporting startups, aiming to achieve remarkable successes and exceptional returns for its investors.

]]> The Capital Market Authority (CMA) has granted Watheeq Capital a license for investment management and fund operation activities. https://www.watheeq.com/en/the-capital-market-authority-cma-has-granted-watheeq-capital-a-license-for-investment-management-and-fund-operation-activities/ Mon, 09 Dec 2024 17:21:02 +0000 https://www.watheeq.com/?p=1730 Watheeq Capital is pleased to announce that it has received approval from the Capital Market Authority (CMA) to conduct investment management and fund operation activities in the securities business. The company has also fulfilled all requirements to commence operations, including increasing its capital from 5 million SAR to 20 million SAR.

It is worth noting that Watheeq Capital has been licensed to provide investment management, arranging, and advisory services in securities since 2018. Since then, the company has successfully established and managed six venture capital and private equity funds, most notably the Watheeq PropTech Fund, which focuses on investing in real estate technology companies.

Watheeq Capital has also served as the financial advisor for the listing of seven companies on the Nomu Parallel Market. Additionally, it manages investment portfolios in the financial market on behalf of several corporations and high-net-worth investors.

The capital increase and the acquisition of the investment management and fund operations license, enabling Watheeq Capital to manage and operate real estate funds, are part of the company’s strategic plan to expand its offering of innovative investment services. Real estate funds stand out as one of the most prominent investment products in the real estate sector. The company leverages the extensive expertise of its founders, Ibrahim bin Mohammed Al-Alwan and Abdullah bin Ibrahim Al-Muhareb, who played a pioneering role in establishing the first closed-end real estate fund in Saudi Arabia in 2008. Together, they have been instrumental in the creation and management of more than 15 real estate funds throughout their careers.

Following the acquisition of this license, Watheeq Capital plans to launch a series of specialized real estate funds aimed at providing innovative investment tools and delivering returns that meet client expectations. This aligns with the company’s strategy to offer sustainable and exceptional investment solutions.

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