On April 29, 2026, Saudi Cable Company announced developments in its lawsuit against Tathmeer Investment Company to cancel a debt transfer agreement involving Al Rajhi Bank, originally disclosed on February 3, 2026. The Commercial Court in Jeddah initially ruled it lacked jurisdiction to hear the case, but following Saudi Cable's appeal, the appellate court accepted the objection and returned the case to the first instance chamber for adjudication. The company stated there are currently no associated costs, with any financial impact to be disclosed later if it materializes.

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