Announcement from Middle East Financial Investment Company (MEFIC Capital) Regarding the operation of Drnef Ajyad Hotel

MEFIC Capital announces the full complement of all restoration work and preparation for operation of the Drnef Ajyad Hotel as per of the standards for the “Boudl Group of Hotels and Resorts”, which was fully financed from the fund’s own resources, the operator begun the trial operation in accordance with his standard until fulfillments all regulatory requirements, which will have a positive impact on the fund and the future upcoming cash flows.