Worth 2.5 billion riyals. Real estate contributions push 56 defaulted contributions to enforcement courts

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<The Stalled Real Estate Contributions Committee at the Ministry of Commerce and Investment has referred 56 contributions worth 2.5 billion riyals to the implementation courts after the shareholders' rights could not be obtained from their owners. The official spokesperson of the committee, Saad Al-Masoud, explained that the contributions include Al-Forsan Villas, Al-Suwaidani Contributions, Mutaib Al-Muqbel Contributions, Al-Thumama Road Land, Bakkah Tower, Durrat Al-Khobar, Shaza Al-Qunfudhah, Al-Bushra, Al-Nafisi Contributions, Jewel of the East, Rabwah Al-Yasmin, Jeddah Treasures and Al-Nahabi Contributions.

The committee confirmed the keenness to follow up all cases with judges and inform shareholders of all developments. <The list also includes the contributions of the Jewel of Taiba, Al Babtain, Alia Tabuk, Al Huda scheme, Al Khobar land, Al Tuwaijri, Umm Al Rayat, Khurais Road project, Al Madinah land, South Exhibitions, Square 14 scheme, Khurais Road land, Al Haram land, Ithra Mall, Al Kharj Road land, Al Suwaidi, Al Husseiniyah, Janadriyah land and Al Qadeeh Jewel. Al Khobar Shells, Emerald Land, Caravan Path, Al Faisaliah, Al Hamoudiyah, Al Saghir Land, Jasmine Rabwah, Al Arid, Square 13, Durrat Al Khaleej, Shari'a Land, Seyhat Jewel, Exhibitions, Alia, Tabuk, Sharqiyah Land, Al Babtain Jewel, Golden Sands Beach, Yanbu Land, Khafji Jewel, Al Rahab, Al Atishan Land, Jeddah Land and Al Faisal's Contributions.

The committee announced the return of 260 million riyals to its shareholders last year, while 250 contributions were fully liquidated, out of a total of at least 540 troubled contributions.

The committee announced the return of 260 million riyals to its shareholders last year.