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Riyadh Court Orders Saudi Darb Investment's Former Directors to Pay SAR69.1 Million

MT Newswires·07/23/2026 10:40:46
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10:40 AM EDT, 07/23/2026 (MT Newswires) -- Saudi Darb Investment Co. (SASE:4130) said Thursday the Enforcement Court in Riyadh issued orders requiring payment from some of the company's former directors in relation to a lawsuit. The enforcement orders require the former directors, who served between Feb. 10, 2010, and Feb. 9, 2013, to pay a total of 69.1 million Saudi riyals. The real estate-focused company initially sought 100 million riyals in compensation from the former directors.