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Update – 27 July 2022

Element List Explanation Introduction On 28 Thul-Hijjah 1443 (corresponding to 27 July 2022), the First Circuit in the Commercial Court in Dammam issued its ruling

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Update – 22 June 2022

On 23 Thul-Qi’dah 1443 (corresponding to 22 June 2022), the third auction was held in Al-Khobar for (12) properties, which were sold for SAR 608

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Update – 1 June 2022

On 2 Thul-Qi’dah 1443 (corresponding to 1 June 2022), the second auction was held in Riyadh  for (2) properties, which were sold for SAR 183.6

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Update – 30 May 2022

On 29 Shawwal 1443 (corresponding to 30 May 2022), the first auction was held to sell bankruptcy real estate in the city of Al-Khobar for

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Update – 2 March 2022

On 29 Rajab 1443 )corresponding to2  March 2022(, the Court of Appeal overturned the judgment issued by the First Circuit in Dammam and order the

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Update – 8 December 2021

On 4 Jumada Al-Ula 1443 (corresponding to 8 December 2021), the First Commercial Circuit in Dammam issued its ruling to terminate the financial restructuring procedure

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Update – 24 March 2021

On 11 Sha’ban 1442 (corresponding to 24 March  2021) the Court of Appeal overturned the judgment on the claim list  and order to restudy the

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Update – 22 July 2020

On 1 Thul-Hijjah 1441, (corresponding to 22 July 2020), the Circuit decided to appoint Aiman Meqham Al Meqham as the trustee for the procedure for

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