News & Insights: 27/04/2026
ICYMI - Saudi Real Estate Co (“Al Akaria”) announces its Annual Financial results; We take a look inside Egypt’s new mega project dubbed - The Spine; & UNPRI marks its 20th year at LSE's Opening Bell
In today’s newsletter, the Energy & Infrastructure Moves substack publication has learned that the annual financial results of Saudi Real Estate Co (“Al Akaria”) for the year ended 31 December 2025 have been published via the Saudi Stock Exchange. The results reflect the company’s continued progress in executing its strategic transformation, enhancing the quality of its real estate portfolio, and contributing to the objectives of Saudi Vision 2030. Read more on this story, here.
The Energy & Infrastructure Moves substack publication has also learned details of the unveiling of a massive $27 billion (EGP 1.4 trillion) urban development project launched in April 2026 by the Talaat Moustafa Group (TMG) in partnership with the National Bank of Egypt dubbed ‘The Spine’ — which will be located east of Cairo within the existing Madinaty development. The project is being hailed as Egypt's first "cognitive city". Read more on this story, here.
The Energy & Infrastructure Moves substack publication has also been informed that leading alternative investment manager Qualitas (ASX:QAL), has appointed Jesse Curtis as Head of Direct Real Estate, Australia, effective July 2026. Read more on this move here.
Lastly, as UNPRI opens the LSE to celebrate its 20th anniversary, Cambria Allen-Ratzlaff, PRI's Interim CEO, was quoted as saying:
"Over the past twenty years, responsible investment has become a core part of how investors understand risk and return. But the world has changed. Today's risks are more complex, more interconnected, and in many cases harder to diversify away. This milestone is an opportunity to reflect on progress and consider how responsible investment must continue to evolve to meet this challenge." - LSE Website
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