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Update – July 27, 2022
On 28 Dhu al-Hijjah 1443 AH (corresponding to July 27, 2022), the First Commercial Circuit of the Commercial Court in Dammam issued its judgment approving the list of creditors’ claims against Maan Abdulwahed Al Sanea and Saad Trading, Contracting & Financial Services Company. The accepted claims for both debtors amounted to SAR 23.9 billion, while the rejected claims totaled SAR 57.9 billion.
Update – June 22, 2022
On 23 Dhu al-Qi'dah 1443 AH (corresponding to June 22, 2022), the third auction was held in Dhahran City for a total of 12 properties, achieving total sales of SAR 608 million.
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