24 Hrs
Source:
المصدر
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Financial Authority modifies real estate fund rules
The Board of the General Authority for Financial Supervision, headed by Dr. Islam Ezzam, issued a decision to modify some conditions for the transformation of investment and real estate development companies into real estate investment funds. This decision aims to take into account the unique nature of these companies' activities, their operational obligations, activity cycles, and contractual commitments with clients, which are settled through execution and delivery.
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