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 firstname.lastname@example.org , editing by Daniel Luiz)
#Coronavirus #Saudi #Entertainment #AbdulMohsenAlHokair
Disclaimer: This article is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Read our full disclaimer policy here.
© ZAWYA 2020