announces an update to the terms and conditions of MEFIC Real Estate Income Fund

Announcement by Middle East Financial Investment Company (MEFIC Capital) announces an update to the terms and conditions of MEFIC Real Estate Income Fund

Element List	Explanation
Introduction	MEFIC Capital announces an update to the terms and conditions of MEFIC Real Estate Income Fund staring from 01/08/2021 G corresponding to 22/12/1442 H.
Summary of The Main Updated Items	The appointment of new auditor “Talal Abu-Ghazaleh & Co.” instead of BDO Audit fees change from 30,000 to 35,500 per annum
The Updated Terms and Conditions	The Updated Terms and Conditions of the MEFIC Real Estate Income Fund

Element List

Explanation

Introduction

MEFIC Capital announces an update to the terms and conditions of MEFIC Real Estate Income Fund staring from 01/08/2021 G corresponding to 22/12/1442 H.

Summary of The Main Updated Items

The appointment of new auditor “Talal Abu-Ghazaleh & Co.” instead of BDO

Audit fees change from 30,000 to 35,500 per annum

The Updated Terms and Conditions

The Updated Terms and Conditions of the MEFIC Real Estate Income Fund

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