The United Real Estate Company decided to exempt restaurants and cafes in the Marina Mall from paying the rent for the month of March, and to give an 25% discount to the commercial stores for two months. The Marina Mall closed until further notice in compliance with the recent instructions of the cabinet Ministers. The company cut the rents of KIPCO and Medina towers, including restaurants, cafes and boutiques, and a health club for the months of March and April.
The company pointed out that this comes due to the exceptional circumstances that the country is going through, due to the spread of the new coronavirus, and out of its social responsibility, and what the national interest requires.
