Riyadh, Saudi Arabia – Saudi Arabia’s Attribution and Liquidation Center (Infath) will hold 11 public auctions, both physical and online, between April 11 and April 30, 2023.
This includes sale and liquidation of 136 various properties, ranging from residential, commercial, agricultural and industrial, located in 10 different regions in the Kingdom.
Auctions start with 25 real estate properties in the Riyadh region in the Roshan, South Arrow and Ezz, followed by 36 real estate properties in Jeddah in the Nasaem Jedda, 24 real estate in Dammam in the Eastern Beach and Ikonah and the Pearl of the North electronic auction, which displays 25 real estate properties.
Auctions will also be held in Tabuk, Hail and Al-Jouf, Raka’ez Al-Madina, Zahrat Al-Janoub, Abha, Sabya and Khamis Mushait.
Infath is an independent governmental center, and one of the initiatives of the National Transformation Program within the Kingdom’s Vision 2030, working to assign liquidation and sale activities to technically specialized establishments from the private sector, and supervise the liquidation of assets from real estate, movables, or legacies assigned to it by the judicial authorities, the private sector, and individuals, in a way that contributes to accelerating the fulfillment of rights and achieving the satisfaction of beneficiaries.