Saudi Arabian Oil Company (Saudi Aramco) announces the latest developments related to the case brought by Heirs of Khalid Abu Al-Waleed Al-Hood Al-Qarqani
| Element List | Explanation |
|---|---|
| Introduction | Further to the announcement made by the Saudi Arabian Oil Company (Saudi Aramco) on 27-01-2021G (corresponding to 14-06-1442H) in relation to the case brought by the Heirs of Khalid Abu Al-Waleed Al-Hood Al-Qarqani and the appeal notice Saudi Aramco received from the U.S. District Court for the Southern District of Texas on 21-01-2021G (corresponding to 08-06-1442H) where the aforementioned Heirs appealed the trial-level court’s ruling in favour of Saudi Aramco to the U.S. Court of Appeals for the Fifth Circuit.
Saudi Aramco wishes to announce the Court of Appeals unanimous decision on 02-12-2021G (corresponding to 27-04-1443H) in favor of Saudi Aramco. |
| Previous Announcement | The latest developments related to the case brought by Heirs of Khalid Abu Al-Waleed Al-Hood Al-Qarqani |
| Date of Previous Announcement on Tadawul's Website | 2021-01-27 Corresponding to 1442-06-14 |
| Percentage of fulfilled achievement | NA |
| Event's Expected Completion Date | Appellants are entitled to seek further review in the court of appeals, the US Supreme Court, or both. |
| The costs associated with the event, and if they have changed or not with indication of the reasons. | NA |
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