| Announcement Detail | The Middle East Financial Investment Company “MEFIC Capital” the fund manager of MEFIC REIT Fund announces the issuance of licenses for the Drnef Ajyad hotel and Drnef Kudai hotel in Mecca for the Hajj accommodation for the year 1445 H. The hotels have a total capacity of 310 hotel rooms, accommodating a total of 1,318 pilgrims, in accordance with operator standards. This enables the hotels to benefit from the Hajj season returns and their positive impact on fund inflows and future cash dividends. |
