On July 27, 2026, BATIC Investment and Logistics Company announced an update regarding its subsidiary, Smart Cities Telecommunications and Information Technology Solutions Company (Closed Joint Stock Company), following a previous announcement dated July 5, 2026. The Administrative Execution Court issued a decision on July 26, 2026, to preserve the execution request related to an application filed by Al-Qassim Region Municipality (Furas Platform) amounting to SAR 42,212,187.50 (inclusive of VAT). The decision was issued after the subsidiary notified the Court of its objection filed before the Supreme Administrative Court, seeking to overturn the judgment and annul the enforceable instrument pursuant to Article (4/4) of the Implementing Regulations of the Enforcement Law before the Board of Grievances.

Original announcement:

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