Announcement by Middle East Financial Investment Company (MEFIC Capital) regarding an update of the terms and conditions of MEFIC REIT Fund.

Element ListExplanation
IntroductionMiddle East Financial Investment Company (MEFIC Capital) announces an update of the terms and conditions of the MEFIC REIT Fund as of (20/08/1445 H) corresponding to (1/03/2024 G.). A summary of the main updated items are as follows:
Effective Date of the Update to Fund’s Terms and Conditions2024-03-01
Summary of The Main Updated ItemsMEFIC REIT fund has signed a management and operation agreement to manage and operate Dhiyafa property with “Value Expert”. The management and operation contract will extend for one year, subject to renewal. Dhiyafa property comprise15 commercial units.

The Updated Terms and ConditionsTerms and Conditions.