MUSCAT: Retail giant Majid Al Futtaim has decided to exempt all tenants in the company’s shopping centres in Oman from rent fees during the temporary closure period due to the coronavirus (COVID-19) pandemic, the company announced on Tuesday.
This move aims to ease the financial burden placed on tenants affected by the economic repercussions of COVID-19.
Meanwhile, the Oman Chamber of Commerce and Industry (OCCI) has thanked Majid Al Futtaim for the initiative. “OCCI would like to thank Majid Al Futtaim Group in Oman for responding to the request of the chamber in exempting tenants from paying the rents in this unprecedented situation that the country is going through.” The statement said.
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