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Email this article: Saudi banks exposure to Saad, Algosaibi estimated at US$5 billion
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Posted: Wed August 26, 2009 5:02 pm
SAUDi ARABIA. Saudi banks have a combined exposure of around US$5 billion to the two troubles Saudi family conglomerates, Saad Group and Ahmad Hamad Algosaibi & Bros., according to a Standard Chartered report.
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UAE. Deloitte report focuses on the key factors that would enable Dubai to reach the next level in terms of sustainability and competitiveness, in order to attract investment at the regional and global stage and promote export-oriented growth.
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