-+ 0.00%
-+ 0.00%
-+ 0.00%

Twareat Medical Care Challenges Court Decision in Sabic Case

MT Newswires·10/06/2026 03:56:04
Listen to the news
03:56 AM EDT, 10/06/2026 (MT Newswires) -- Twareat Medical Care (SASE:9627) filed an appeal against the preliminary ruling of the Commercial Court in Riyadh in its lawsuit against Saudi Basic Industries (SASE:2010), d/b/a Sabic, according to a Tuesday filing. Under its preliminary decision, the Commercial Court ordered Sabic to pay 1 million Saudi riyals in the ongoing compensation case and reimburse the Saudi Arabia-listed medical services company the expert fees it deposited. The lawsuit relates to financial differences arising from Sabic's failure to provide the minimum number of medical tests contractually agreed upon by the companies between 2019 and 2024.