-+ 0.00%
-+ 0.00%
-+ 0.00%
Saudi Commercial Court Sides With Senaat Unit in Commercial Lawsuit
Share
Listen to the news
05:45 AM EDT, 10/25/2026 (MT Newswires) -- The Dammam Commercial Court's Second Appellate Circuit ruled in favor of Zamil Air Conditioners regarding an appeal filed by Midad Real Estate Investment and Development Co. in a commercial lawsuit. The final ruling by the Saudi Arabian court upheld its initial judgment on the commercial dispute, which dismissed Midad Real Estate Investment and Development's claim of 376.1 million Saudi riyals, according to a Sunday release. Zamil Air Conditioners is a subsidiary of construction company Advanced Building Industries (SASE:2240), d/b/a Senaat.
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.
What's Trending