Mubasher: Al Mal Investment announced the postponement of the lawsuit filed against the Saudi Economic Cities Authority until 17 October.

This legal case includes a claim for compensation by Al Mal against Economic Cities, according to a bourse statement issued on Tuesday.

Al Mal clarified that no financial impact will affect the company’s position.

This lawsuit has been postponed since the beginning of November 2016 until May 2017, followed by the postponement in early August.

At the stock level, Al Mal closed Tuesday’s session 0.6% higher at 33.5 fils, after about 370,800 shares were exchanged.