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Multi Business Group announced that it had brought under control a fire that broke out on Sunday evening, November 1, 2026, in one of the buildings at a project it is carrying out south of Riyadh. No injuries were reported. The company is working with the relevant authorities to determine the cause of the fire and assess the damage and insurance coverage. The financial impact will be determined once the assessment is complete and the report has been issued. Any material developments will be announced in due course.
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