Dlala Brokerage and Investment Holding Co.: Discloses the Judgment in the Lawsuit for the Benefit of Dlala Real Estate Company

Dlala Brokerage and Investment Holding Co. discloses the judgment in the lawsuit no 596/2025، 657/2025 . The Criminal Court of Appeal issued its ruling on September 17, 2025, in Appeals No. 596/2025 and 657/2025 (Felony) regarding the appeal of the initial judgment issued in Case No. 1347/2024 against the former General Manager of Dlala Real Estate Company (a subsidiary of Dlala Brokerage and Investment Holding Company) and another. The ruling, in the presence of the parties, was as follows: First: The appeals were accepted in form. Second: Regarding Appeal No. 596/2025, it was rejected and the appealed judgment was upheld. Third: Regarding Appeal No. 657/2025, it was rejected in its first and second parts, and in the third part, it was amended to increase the fine imposed for the crime of money laundering to three million riyals, and the appealed judgment was upheld in all other respects. We would like to point out that the appealed judgment relates to the judgment issued in preliminary criminal case No. 1347/2024, dated March 17, 2025, which was disclosed on March 19, 2025, filed by Dlala Real Estate Company against the former General Manager of Dlala Real Estate Company. The judgment, with respect to the company, included the following: First: Sentencing him to three years' imprisonment for the crime of attempting to seize public funds, dismissing him from public office, and imposing a fine equal to the value of the funds involved in the crime, amounting to QAR 5,000,000 (five million Qatari riyals). Second: Sentencing him to one year in prison for the crime of unintentional damage to public funds, obligating him to return the sum of 7,750,000 Qatari riyals (seven million, seven hundred and fifty thousand Qatari riyals) to Dlala Real Estate Company, and obligating him to pay a fine equal to the value of the property subject to the unintentional damage, in the amount of 7,750,000 Qatari riyals (seven million, seven hundred and fifty thousand Qatari riyals). Tenth: Referring the civil lawsuit filed by the victim/Dlala Real Estate Company to the competent civil court. We would also like to emphasize that the appeal ruling issued is still subject to appeal before the Court of Cassation. This ruling relates to the complaint filed by Dlala Real Estate Company, No. 1977/2023, with the Department of Combating Economic and Cybercrimes. Dlala Real Estate Company will also take civil legal action against the convicted person to recover the company's right