Saudi Commercial Court Sides With Senaat Unit in Commercial Lawsuit

05:45 AM EDT, 10/25/2026 (MT Newswires) -- The Dammam Commercial Court's Second Appellate Circuit ruled in favor of Zamil Air Conditioners regarding an appeal filed by Midad Real Estate Investment and Development Co. in a commercial lawsuit. The final ruling by the Saudi Arabian court upheld its initial judgment on the commercial dispute, which dismissed Midad Real Estate Investment and Development's claim of 376.1 million Saudi riyals, according to a Sunday release. Zamil Air Conditioners is a subsidiary of construction company Advanced Building Industries (SASE:2240), d/b/a Senaat.