The Arabian Centers Company explained that the fire that occurred in Dhahran Mall affected a limited area of the expansion of the mall located on the western side, which was opened during 2008.
The company stated in a statement to “Tadawul”, that this area constitutes the area of the damaged parts less than 10% of the total rental areas of the mall, and this is according to the preliminary field survey, indicating that it is still awaiting the detailed accident report, which will be issued by the Civil Defense.
And she indicated that the mall is expected to reopen within the next few weeks due to the limited fire, indicating that it will assess the financial impact resulting from the accident following completing the site survey procedures, despite its initial expectation that the financial impact that the company will incur will not exceed 25 million riyals in the presence of coverage Comprehensive insurance for the mall, which the company has initiated the procedures for claiming.
She pointed out that the insurance coverage for this center and for all the other 20 commercial centers is comprehensive, as it covers the entire facilities of the malls and also covers any revenue losses resulting from the cessation of its operational activities as a result of such type of accidents, noting that any developments in this regard will be announced as well as the announcement of a re-run. Opening of the mall at the time.
It was a fire It erupted last Friday, in Dhahran Mall affiliated to the “Arabian Centers” company, while the competent authorities were able to control the fire, without causing any injuries or deaths.
