The Enforcement and Liquidation Center (Enfaz) announced its operational figures for the period from September 13 to 19, 2026, during which it oversaw 49 auctions encompassing 161 assets with a total real estate area exceeding 920,000 square meters. Auction sales exceeded 420 million Saudi Riyals. Enfaz is a government entity with legal status, administratively and financially independent, established by a Cabinet decision in 2019 (an initiative of the National Transformation Program 2020). Its board of directors is chaired by the Minister of Justice, and its headquarters are in Riyadh.
The center aims to be the leading authority on liquidation and sale in the Kingdom, through: facilitating cooperation between judicial and governmental bodies in the liquidation and sale of assets entrusted to it (such as estates, companies, funds, shares, real estate, and movable property); and assigning these tasks to technically specialized private sector entities (appraisers, liquidators, sales agents, etc.) and overseeing them in a competitive and fair manner.
Preserving asset values, expediting the fulfillment of rights, enforcing justice, and raising the efficiency of the justice system.
It supports the local economy by creating job opportunities for small, medium, and large enterprises and entrepreneurs. Its scope of work includes liquidating assets assigned by judicial or governmental bodies, or those not subject to pending litigation, in addition to providing consulting services.
