Arabian Shield and Arabian Centres reach settlement for Dhahran Mall fire claim
Arabian Shield and Arabian Centres have finally settled the Dhahran Mall fire claim for a whopping SR250 million. This settlement marks the end of a long legal battle between the two companies regarding the damages caused by the devastating fire that engulfed the mall last year.
Legal battle comes to an end
After months of negotiations and court proceedings, Arabian Shield and Arabian Centres have come to an agreement to settle the Dhahran Mall fire claim for SR250 million. The settlement amount will cover the costs of repairing the damages caused by the fire and compensate for the losses suffered by both companies.
A costly dispute
The Dhahran Mall fire was a tragic incident that resulted in extensive damage to the property and significant financial losses for Arabian Shield and Arabian Centres. The legal battle that ensued only added to the costs, with both companies spending a considerable amount on legal fees and court expenses.
Moving forward
With the settlement now in place, Arabian Shield and Arabian Centres can finally put the Dhahran Mall fire claim behind them and focus on rebuilding and moving forward. The SR250 million settlement will help cover the costs of repairing the damages and ensure that both companies can continue operating without any further financial burden.
Conclusion
The settlement of the Dhahran Mall fire claim for SR250 million is a significant milestone for Arabian Shield and Arabian Centres. It marks the end of a long and costly legal battle and paves the way for both companies to recover and move on from the devastating incident.
