‎Retal: No impact from regulatory provisions regulating landlords-tenants relationship in Riyadh

‎Retal: No impact from regulatory provisions regulating landlords-tenants relationship in Riyadh ‎Retal: No impact from regulatory provisions regulating landlords-tenants relationship in Riyadh

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Logo ofRetal Urban Development Co.

Retal Urban Development Co. said in a statement to Tadawul that there is no material impact on the company’s financials as a result of implementing the regulatory provisions aimed at regulating the relationship between landlords and tenants in Riyadh.

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On Sept. 25, the Saudi Cabinet has recently approved the regulatory provisions governing landlord–tenant relations.

The move was taken in line with the directives previously issued by Crown Prince Mohammed bin Salman to implement a package of new regulatory measures for the rental market in Riyadh, according to Argaam’s data.

 

Logo ofRetal Urban Development Co.

Retal Urban Development Co. said in a statement to Tadawul that there is no material impact on the company’s financials as a result of implementing the regulatory provisions aimed at regulating the relationship between landlords and tenants in Riyadh.

For more news on listed companies

On Sept. 25, the Saudi Cabinet has recently approved the regulatory provisions governing landlord–tenant relations.

The move was taken in line with the directives previously issued by Crown Prince Mohammed bin Salman to implement a package of new regulatory measures for the rental market in Riyadh, according to Argaam’s data.

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