Arabian Centres Company announced the soft opening of Nakheel Mall Extension (Phase 1) in Riyadh on September 24, 2020, bringing online 16 thousand square meters of additional GLA. Its worth mentioning that the Extension will boast a large cineplex, with 13 screens utilizing the latest technology and 1,520 seats, which is officially opened as well, occupying five thousand square meters. The Extension also includes 73 commercial outlets that will host the most luxurious international and local restaurant, caf, fashion and cosmetics brands, which would cater to the prestigious rank of the existed Mall. The financial impact of this Extension shall begin to appear from the third fiscal quarter ending December 31, 2020. The Extension building has been developed on a leased land, and the total investments in this project amounted to SAR 255 million.