The Khobar Execution Court has assigned the tasks of tracking, inventorying , guarding and selling the assets of Maan bin Abdulwahid Al-Sanea and Saad for Trade, Investment and Financial Services to the "Itqan Real Estate" conglomerate led by Itqan.converted-space"> Real Estate, which is led by Itqan Real Estate and includes among its members a selection of law and accounting firms.

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Abdulaziz Al-Rasheed, General Manager of Itqan Real Estate and Chairman of the Board of Directors of the conglomerate, thanked the Execution Court in Al-Khobar and the competent judicial department headed by Sheikh SheikhRiyadh Al-Fawaz on the department's confidence in the "Itqan Cluster" to entrust this task to him, and Al-Rasheed emphasized that Itqan Real Estate Company and its allies in the cluster will work with the utmost professionalism .space"> to carry out the tasks assigned to it in tracking, inventorying, guarding and selling the assets subject to liquidation, taking into account the work to sell them at fair value and in record time, as the conglomerate aims to reach effective points in tracking and inventorying the debtor's funds and real estate, including contributions, shares or assets in kind by means of research methods Mr. Abdulaziz Al-Rasheed pointed out that the conglomerate has completed the initial procedures for implementing the tasks and will announce the dates of auctions or sales during the coming period.

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It is worth mentioning that the Khobar Execution Court has completed the examination of the bids submitted to track, inventory, guard and sell the assets of Maan bin Abdulwahid Al-Sanea and Saad Trade, Investment and Financial Services Company after invited conglomerates to apply for this competition in Ramadan last year and required that the conglomerate include two law firms, three CPA firms and two sales agents from real estate companies and institutions.

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The competent department of the Execution Court in Khobar worked for about three months to examine the bids, mechanism and work plans submitted by all applicant conglomerates , and the papers of all conglomerates were examined and scores were collected with the utmost accuracy, impartiality, confidentiality and integrity until it ended in awarding the competition to the conglomerate ".converted-space"> , led by Itqan Real Estate, which has previously led several alliances in the liquidation of real estate estates, including its membership in the liquidation board of the estate of Sheikh Saleh Al Rajhi,The company also exclusively executed the marketing campaign for the estate of King Fahd bin Abdulaziz Al Saud, and other liquidation campaigns.