Dr. Abdulmohsen Al-Ruwaished (Sheikh Saleh Al-Rajhi Estate Liquidation Council) confirmed that the real estate and land holdings of Sheikh Saleh Al-Rajhi—may God have mercy on him—are exceptional opportunities that are rare in the Kingdom’s real estate market due to their prime commercial and residential locations.

This statement came following the tenth meeting of the Board of Directors of the Sheikh Saleh Al-Rajhi Estate Liquidation Council —may God have mercy on him—composed of the merger of the Al-Salhiya Consortium, chaired by Dr. Abdulmohsen Al-Ruwaished, and the Sheikh Saad bin Ghoneim Consortium, which held its tenth meeting at the Council’s new headquarters in Riyadh, chaired by Dr. Al-Ruwaished and attended by the Council members.

The Board heard the latest updates from the subcommittees tasked with finalizing the procedures for the first auctions of properties in the initial batch, which are expected to begin in the first month of Jumada al-Awwal

Dr. Al-Ruwaished called on the media to exercise accuracy, to communicate with the Council and the Media Committee, and to disregard any news published by other sources.

It is worth noting that in Dhu al-Qi’dah of last year, the General Court in Riyadh issued a ruling to liquidate the estate of businessman Sheikh Saleh Al-Rajhi—may God have mercy on him—and to appoint a council to oversee the process.