Court Ruling on Sales Contract

DAMMAM, 5 July 2005 — Based on a previous court ruling, the court voided a sales contract established between Shams Company and a beach cabins’ owner. The court ruling stated that the land where the beach cabin is established is rented from Dammam Municipality and not owned by the company. Based on this, the court ruled that the sales contract is void because the company cannot sell a land that it does not own.