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Annabs International Holding Group announced a reduction in its zakat and tax claims for the fiscal years from 2007 to 2010, from 107.07 million riyals to 51.31 million riyals, after consenting to the implementation of the executive regulation for zakat collection approved by Ministerial Resolution No. 1007. This process resulted in a decrease of 55.76 million riyals in claims, representing more than 52% of the original total. The positive financial impact will be reflected in the company's results during the third quarter of 2026, following the completion of the official procedures and settlement with the Zakat, Tax, and Customs Authority.
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