On July 5, 2026, BATIC Investment and Logistics Company announced that its subsidiary, Smart Cities Telecommunications and Information Technology Solutions Company, received a notification of an execution order issued by the Administrative Execution Court in favor of the Al-Qassim Region Municipality (Furas Platform), amounting to SAR 42,212,187.50 (inclusive of VAT). The claim stems from a municipal real estate investment contract for the leasing, development, operation, and maintenance of smart parking facilities in Buraidah city, which was terminated by the Al-Qassim Region Municipality in February 2025. The subsidiary has pursued legal remedies, including filing a lawsuit before the Administrative Court in Buraidah seeking cancellation of the invoice, which was dismissed and subsequently upheld on appeal by the Administrative Court of Appeal in the Riyadh Region. Smart Cities Telecommunications and Information Technology Solutions Company has since filed a petition for cassation before the Supreme Court in accordance with applicable statutory procedures.

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