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ewGenIvf Group Limited (NASDAQ: NIVF) has announced a US$45 million strategic investment in the United Arab Emirates' real estate market, focusing on properties near the upcoming Wynn Al Marjan Island integrated resort. This move represents a diversification of the Company's investment portfolio beyond its traditional IVF business operations.

    Ras Al Khaimah presents attractive investment fundamentals, including robust economic growth, political stability, and significant infrastructure developments driving property appreciation. The Emirate is experiencing heightened demand following the announcement of the Wynn Al Marjan Island integrated resort, a multi-billion dollar development set to open in early 2027.

    To support this initiative, NewGen has engaged UAE-based business development manager Samira Aissani, who will lead the Company's property acquisition initiatives. The Company is also currently in advanced discussions regarding strategic plot acquisitions in Ras Al Khaimah and has established partnerships with prominent UAE developers to ensure optimal execution of its investment strategy.

    NewGen plans to invest in properties in Abu Dhabi as well, targeting a combination of stability and long-term growth potential. To support this initiative, the Company will raise an additional US$45 million via subsequent transactions, which would be used to build NewGen's real estate portfolio and lay the groundwork for potential significant returns from these investments.

    Mr. Siu Wing Fung Alfred, Founder, Chairman, and CEO of NewGen, commented, "This strategic move into Ras Al Khaimah's dynamic real estate market represents an exciting opportunity to diversify our investment portfolio while capitalizing on one of the region's most promising growth stories."

    NewGen is a comprehensive fertility services provider in Asia helping couples and individuals obtain access to fertility treatments. The Company has dedicated itself to creating increased access to infertility treatment and providing comprehensive fertility services for its customers.

    The information contained in this press release contains forward-looking statements, which are subject to risks and uncertainties that could cause actual future events to differ materially from the forward-looking statements.