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Court Rejects 523M Riyal Suit Against Cinemas Centers
A preliminary ruling has been issued dismissing the lawsuit filed against Sinomi Centers by the owner of Dhahran Mall, which was demanding an amount of 523 million SAR related to rental income from the property. The judgment, issued on October 21, 2026, rejects the claim and is considered final if not appealed within 30 days. Currently, there are no additional costs or direct financial impact on the company's financial statements. This ruling comes within the context of a prior legal dispute between the company and the owner regarding revenue claims.
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