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Cenomi Centers gets $67m settlement in mall fire

Summary by AGBI
Cenomi Centers, a leading mall operator in Saudi Arabia, will receive SAR250 million ($67 million) to cover all damages and losses due to a partial fire at Mall of Dhahran. The settlement from Saudi-listed Arabia Insurance Cooperative Company (AICC) is expected to have a positive financial impact during the third quarter ending on September 30, 2025, the company said in a statement to the Saudi stock exchange. A partial fire broke out at the Mal…
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Cenomi Centers gets $67m settlement in mall fire

Cenomi Centers, a leading mall operator in Saudi Arabia, will receive SAR250 million ($67 million) to cover all damages and losses due to a partial fire at Mall of Dhahran. The settlement from Saudi-listed Arabia Insurance Cooperative Company (AICC) is expected to have a positive financial impact during the third quarter ending on September 30, 2025, the company said in a statement to the Saudi stock exchange. A partial fire broke out at the Mal…

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AGBI broke the news in on Monday, September 1, 2025.
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