DISCLOSES THE JUDGMENT IN THE LAWSUIT NUMBER 1596/2024

Mazaya Real Estate Development Q.P.S.C. discloses the judgment in the lawsuit no 1596 2024.

Mazaya Real Estate Development Q.P.S.C. discloses the issuance of the Court of Cassation ruling No. 1596/2024, filed by Mazaya against Sinohydro Corporation Limited (“Sinohydro”), which was issued in the court system on 28/01/2025.
The court ruled to overturn and decide on the case, obligating Mazaya to pay an amount of sixty-seven million Qatari riyals (QAR 67,000,000) to Sinohydro instead of QAR 85,871,005.6.

With this ruling, the judgment has become final and conclusive.