01:53 AM EDT, 07/15/2026 (MT Newswires) -- Electrical Industries Co. (SASE:1303) said Wednesday the court of appeal upheld a previous court ruling to revoke the decisions of the Committee for Adjudication for Competition Law Violations against two of its subsidiaries. As such, the Saudi Arabia-listed electrical services company was reimbursed a fine of 26.1 million Saudi riyals imposed by the General Authority for Competition. The amount will be positively reflected in the company's financials for 2026.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.