Announcement by Middle East Financial Investment Company (MEFIC Capital) announces that the board of directors of the fund has approved a non-fundamental changes in MEFIC REIT Fund

AI Summary

MEFIC REIT signed a management and operation agreement with "Dur Al osool" for the Dhiyafa and Souq Sharq properties.
The non-fundamental change is scheduled to take effect on July 28, 2026, for a renewable one-year term.
The fund manager expects the agreement to reduce operational costs and enhance the fund’s net returns.

Element List	Explanation
Introduction	Middle East Financial Investment Company (MEFIC Capital) announces the approval of the Fund’s Board of Directors of a non-fundamental change to MEFIC REIT Fund
Change Effective Date	2026-07-28 Corresponding to 1448-02-14
Change Details	MEFIC REIT fund has signed a management and operation agreement to manage and operate Dhiyafa, Souq Sharq properties with “Dur Al osool”. the management and operation contract will extend for one year, subject to renewal.
Additional Information	The fund manager anticipates that the outcomes of this change will be positive in reducing operational costs and enhancing the fund's net returns.