<On the sidelines of a workshop for the attribution and liquidation center, Al-Shubaili explained that the center's initial focus was on real estate in specific cities in the Kingdom, then the center expanded to liquidate real estate in all regions of the Kingdom and moved to livestock, gold, jewelry and others.
<He added that the liquidation period before the start of the center's work was about 180 days, which was reduced to 80 days with the start of the center's work, noting that the center aims to reach a period of 60 days in cooperation with the implementation courts, which represents an added value for the beneficiary and has returns on the economy in general.
<The center's vision includes achieving justice and stimulating the economy, which are two related goals through localization of knowledge in trade, market and procedures as well as automation, facilitation and acceleration of procedures with the aim of developing assets and fulfilling rights.
<He pointed out that there is cooperation with the judicial authorities, enforcement courts and the bankruptcy committee, in addition to linking with a group of bodies such as certified assessors, accountants and the Saudi Bar Association.
<Regarding private sector service providers, he said that the center deals with more than 1300 service providers ranging from a judicial guardian, resident, collector, engineers, sales agents and administrative consultants, noting that the center requires them to renew the commercial register and their licenses to ensure their continued work with it.
