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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. "If the GCC is to maintain long-term sustainable growth, it will be very important to invest in education, increase productivity, and attract more foreign direct investment into high value industries, and step up more diverse export industries that are not dependent on commodities."
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