The Committee on Distressed Real Estate Investments has decided to sell the Fajr Abha investment at public auction and to disburse the remaining proceeds to shareholders in the Al-Muhandisin neighborhood investment in Al-Dalm. The committee also decided at its last meeting to sell the two plots free of disputes and encroachments in the Al-Nourus development, In the same context, the committee decided to sell the four remaining plots in the Al-Hada Project and the land in the Umm Al-Ma’an Project. The committee also decided to publish a warning notice to buyers in the Al-Husseinia Land Project, confirming that the sale is irregular. The committee affirmed that it would continue its work to liquidate stalled land-sharing projects and restore rights to their rightful owners, in accordance with the directives of the Custodian of the Two Holy Mosques to restore citizens’ rights in more than 300 stalled land-sharing projects, of which nearly 100 have been liquidated. The committee refrains from specifying a date for the completion of its work due to the complexity of the tasks before it and the fact that many contribution holders are attempting to evade returning rights to their rightful owners.








