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Email this article: Foreign creditors reportedly concerned by Saudi's Saad debt deal
Posted: Sat September 19, 2009 8:31 pm
SAUDI ARABIA. International creditors of troubled Saudi groups Saad and Algosaibi fear being sidestepped by a debt deal reportedly struck between Saad group and Saudi banks.
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UAE. As of March 2014, and including the recent issuance, we estimate the government debt stood at US$54.8 billion (55.9% of GDP), compared to US$50.5 billion (55.5% of GDP) in the same period of last year.
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