Appeal Court dismisses GACO lawsuit against Environment Ministry

Logo of Al-Gassim Investment Holding Co. (GACO)

Al Gassim Investment Holding Co. (GACO) said Al-Qassim Court of Appeal affirmed the Administrative Court of Buraidah's ruling issued on March 30, 2021, on dismissing the lawsuit filed by the company against the Ministry of Environment, Water and Agriculture (Qassim branch) to claim the ownership of the rest of the revived land.   

After receiving the ruling document, the company will take the necessary actions to claim the remaining land ownership, according to a statement to Tadawul.  

In April, GACO stated that the Supreme Administrative Court accepted the objection submitted by the ministry’s branch to the ruling issued by the Administrative Court of Appeal in Qassim on cancelling the judgment and returning it to the Court of Appeal in Qassim, according to data available with Argaam.  

In December 2020, the company filed a lawsuit against the Ministry of Environment’s branch, moving the Administrative Court in Buraydah to cancel the ministry's decision about abstention from referring GACO’s request to King Salman for ownership of the full area of land cultivated thereby.  

In June 2020, a royal order was issued, allowing GACO to own a 74.04 million square meter land plot out of the total area granted thereto in Shari, Qassim.