Saudi-listed AbdulMohsen Al Hokair group for tourism and development has suspended entertainment activities inside and outside shopping centers in Saudi Arabia.

This move is taken as a precautionary measure to prevent the spread of the coronavirus (COVID-19) based on the directives from the Ministry of Municipality and Rural Affairs. The decision will be effective from Sunday, March 15, until further notice.

“The company is in the process of evaluating the financial impact of the closure of its centers,” Alhokair said in a bourse statement.

(Writing by Seban Scaria seban.scaria@refinitiv.com , editing by Daniel Luiz)

#Coronavirus #Saudi #Entertainment #AbdulMohsenAlHokair

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