Riyadh Court Orders SABIC Payment
The Commercial Court in Riyadh has ruled that SABIC must pay 1.03 million riyals to Emergency Medical Care Company in a legal case concerning financial claims. The decision was made after the court dismissed claims for the period from December 2019 to November 2020 due to the expiration of the statutory period. SABIC was also ordered to pay the stated amount plus 6,520 riyals for technical expertise fees. Additionally, the court indicated that it lacks jurisdiction to consider the VAT-related request associated with the case.
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