Announcement by MEFIC Capital Regarding a Material Development of MEFIC REIT Fund (Signing a management and operation agreement with “BOUDL Hotels & Resorts Group” to manage Drnef Ajyad Hotel & Drnef Kuddai Hotel)
MEFIC Capital announces that MEFIC REIT Fund had signed a management and operation agreement to manage Drnef Ajyad Hotel & Drnef Kuddai Hotel with “BOUDL Hotels & resorts Group” the owner of the following brands: (Narcisus – Braira – Aber – Boudl Apart Hotel). The management and operation agreement extends for a period of 12 …