Ex-MRNA MD Waleed Al-Ghamlas wins SAR 1.85M labor claim

11:47 AM (Mecca time) Argaam Special
Ex-MRNA MD Waleed Al-Ghamlas says final court ruling awarded him SAR 1.85 million in labor dues

Ex-MRNA MD Waleed Al-Ghamlas says final court ruling awarded him SAR 1.85 million in labor dues

Waleed Al-Ghamlas, former Managing Director (MD) of Morabaha Marina Financing Co. (MRNA), said a final court ruling awarded him SAR 1.85 million in labor dues.

 

Al-Ghamlas told Argaam that the ruling, which became enforceable on Dec. 13, 2025, covers his outstanding employment entitlements.

 

According to Argaam data, MRNA initiated legal proceedings against Al-Ghamlas on Dec. 4, following approval at its ordinary general meeting in April to file a case.

 

The company dismissed Al-Ghamlas from the board in August 2024 for voliating Paragraph C/1 of Article 12 of the Finance Companies Control Law.

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