For the convenience of all interested parties, the Center for Liquidation and Clearance (Infath) is organizing 29 public auctions. These auctions, offering 286 residential and commercial properties and a collection of vehicles, will be held in-person and online across seven regions in Saudi Arabia from May 15-20, 2024, Invest-Gate reports.

The center specified that the auctions would be held in various regions: 13 auctions in the Riyadh region offering 76 properties, five auctions in the Mecca region offering 27 properties; one auction in the Al-Baha region offering three properties, three auctions in the Qassim region offering 41 properties, two auctions in the Tabuk region offering six properties, one auction in the Al-Jawf region offering five properties, two auctions in the Eastern region offering 11 properties, and two auctions for 117 vehicles in Riyadh and Mecca.

Details and conditions for participating in the auctions and comprehensive information about the properties can be accessed through Infath’s official website at infath.gov.sa by navigating to the auctions page.

Infath, an independent governmental center, is part of the National Transformation Program under Saudi Arabia’s Vision 2030. It is committed to transparency and trust. Infath delegates liquidation and sales activities to technically specialized private sector entities, overseeing the liquidation of assets, including real estate, movable properties, and estates assigned by judicial authorities, the private sector, and individuals. This initiative aims to expedite the fulfillment of rights and ensure beneficiary satisfaction.