In response to recent market speculation, Manazel Group PJSC ("Manazel") formally denies any rumors regarding the acquisition of a controlling stake in Manazel Real Estate PJSC by any individual or external company. Manazel reaffirms that there are no current or planned strategic partnerships involving such an acquisition.

The company also clarifies that there are no scheduled press conferences within the UAE or internationally to address these rumors. Manazel remains focused on its core business and growth strategy and advises stakeholders to rely only on official communications for accurate information.