A claimant filed a case against a company before the court. He said that he had paid the company an amount of money in order to invest it in a festival in exchange for 10% of the profits. He said that the company had failed to commit to their obligations. He requested the court to order the company to pay him 350000 Riyals for the profits.

The court said that the case documents had revealed that the claimant claimed that the company had mismanaged the investment. The court said that the claimant, however, had failed to prove his claim. The court said that the company had not failed to mismanage the investment but the festival investment had made losses.

The court dismissed the case.

The Court of Appeal – Jeddah upheld the ruling based on same grounds.