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Amwaj International Pursues Five Court Cases to Recover Trade Receivables

MT Newswires·09/14/2026 04:50:57
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04:50 AM EDT, 09/14/2026 (MT Newswires) -- Amwaj International (SASE:9537) filed five lawsuits to recover trade receivables and other financial amounts tied to commercial transactions associated with one of its branches. The electronic and electrical appliances wholesaler is pursuing claims with a combined value of 67.9 million Saudi riyals through the competent commercial courts, according to a Monday release. The disputed receivables concern the financial and procedural irregularities the company found at the branch, which had earlier revealed inventory discrepancies totaling 28.7 million riyals, as announced in January.