NCB Capital announces temporary closure of Jeddah's AlAndalus Mall

16/03/2020 Argaam

NCB Capital, which manages AlAhli REIT Fund, temporarily closed AlAndalus Mall in Jeddah, in line with the Kingdom’s efforts to control the spread of coronavirus (COVID-19), the fund manager, said in a bourse filing on Monday.

 

It is currently difficult to estimate the related financial impact, as the fund’s mall will remain closed until further notice, NCB Capital noted.

 

Any related developments will be announced in due course, the statement added.

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