Press Releases

RKAAN Real Estate Announces Q1 2026 Financial Results

Rawabi, 12/05/2026

ARKAAN Real Estate disclosed its consolidated financial statements and financial results for the first quarter of 2026, reporting a profit attributable to the company’s shareholders of USD 9.2 million, compared to USD 13.7 million for the corresponding period in 2025.

The results of this quarter are attributed to the continued income generated from cash dividend distributions, despite a decline compared to the same period in 2025. This was due to the postponement of certain cash dividend distributions to the second quarter, in addition to the recognition of fair value losses on certain financial assets compared to the first quarter of 2025.

With regard to the financial position, the company’s total assets during this quarter amounted to USD 557 million, while liabilities decreased by 21.2% compared to the end of 2025, reaching USD 17 million, reflecting the strength of the company’s financial position.

It is worth noting that ARKAAN Real Estate commenced operations in July 2022 as a public shareholding company with a capital of 131.6 million shares. ARKAAN owns a strategic real estate portfolio in key areas across Palestine, including the Jericho Gate project, qualifying the company to execute large-scale qualitative real estate projects and invest in new cities and neighborhoods. The company also owns an investment portfolio that includes banking shares generating annual returns that further strengthen the company’s financial position.