The permanent committee for managing the government markets’ real estate fund at the Ministry of Economy and Commerce signed two cooperation agreements with Waseef and Ezdan Real Estate Companies on managing Al Furjan Markets' Utilities.
The cooperation agreements were signed by Head of the permanent committee for managing the government markets’ real estate fund, Yahya bin Saeed Al Nuaimi, Waseef's CEO Abdullah Jabara Al Rumaihi and General Manager of Ezdan Ali Al Obaidly .
Under the agreements, Waseef and Ezdan are representing the standing committee in signing of contracts with the tenants and the collect monthly rentals and communicate with shopkeepers in markets in addition to giving approvals for any changes or modifications in stores, Al Nuaimi said.