Inmar Signs MoU with Minor Hotels for Anantara Resort

+0.47%

INMAR

9521.SA

21.30

+0.47%

Inmar Company For Real Estate Development and Investment announced on November 19, 2025, the signing of a memorandum of understanding with MINOR HOTELS to develop and operate an ANANTARA resort in Al-Ammariyah, Riyadh. The non-binding MoU, signed on November 18, 2025, will last for three months and involves researching economic, regulatory, and technical aspects of the project. The company stated there is no direct financial impact from signing the MoU, and any material developments will be announced in due course.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=91618&anCat=1&cs=9521&locale=ar

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