Electrical Industries Reimbursed SAR26 Million After Dismissal of Competition Watchdog Lawsuit

01:53 AM EDT, 07/15/2026 (MT Newswires) -- Electrical Industries Co. (SASE:1303) said Wednesday the court of appeal upheld a previous court ruling to revoke the decisions of the Committee for Adjudication for Competition Law Violations against two of its subsidiaries. As such, the Saudi Arabia-listed electrical services company was reimbursed a fine of 26.1 million Saudi riyals imposed by the General Authority for Competition. The amount will be positively reflected in the company's financials for 2026.