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Ruwasi Provides Lawsuit Update
Rawaasi Al-Bina'a Investment Company announced that it has filed a lawsuit against former CEO Mohsen Metab Al-Otaibi and Abdullah Mohsen Al-Otaibi. The legal procedures have been completed and officially documented as of September 22, 2026. The company confirmed that it has taken all necessary measures to verify the details of the lawsuit and to comply with statutory disclosure requirements, with no direct financial impact so far. This step is part of the company's efforts to protect its interests and settle disputes with the previous management in accordance with Saudi laws.
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