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.