Ahmad Hamad Algosaibi & Bros

Kuwait's Gulf Bank says it expects its bad loans will weigh on company profits up to mid-2010.

UPDATE 1: Upbeat numbers come despite 2 ratings downgrades issued back in June.

Dubai-based bank wants to claim $398m owed by the troubled Saudi group.

SAMA data shows cumulative profit of 8.25bn riyals in Q1, 7.92 bn in Q2.

UPDATE 2: UAE bourses direct banks to detail exposure and provisions for Saad, Algosaibi.

Mashreq chief says banks have capital strength to cover exposure to firms.

Allegation that foreign exchange swap not completed, judge set to rule by Dec. 9.

Papers were sought from Saad Swiss unit regarding transactions with Algosaibi.

Dubai bank alleged to be ''wilfully blind'' to deals that helped lead Algosaibi into default.

Ratings downgrade for bank in response to Bahrain central bank’s appointment of administrator.

As two of the region’s most prominent family firms prepare to battle it out in a New York court, Claire Ferris-Lay examines what this will mean for family-owned companies in the Gulf.

Bank confirms relatively minor exposure to troubled Saudi conglomerates Algosaibi and Saad.

Two leading Saudi conglomerates are at the centre of a credit crisis, possibly amounting to $10 billion in debt to be restructured.

Saudi AHAB refutes claims it fired a senior official for comments he made to a newspaper.

UAE cenbank directs banks to provide up to 75% against their exposure to troubled Saudi firms.

Banque Saudi Fransi and Samba moves come amid concerns about some debt-laden Saudi firms.

Private firms have to become more open or face their financing cut off, says Soren Billing.

Algosaibi-Al-Sanea dispute means greater openess needed for Gulf's private firms.

Algosaibi files lawsuit in NY alleging $10bn in loan irregularities involving Al Sanea.

Investors in troubled conglomerate look for representation at creditor meetings.

Sovereign wealth funds look to add stimulus to local markets rather than invest overseas.

Salah Al-Hejailan cites strategy disagreement in case against Saad head, Maan Al-Sanea.

Saad, Algosaibi troubles could crimp lending to Saudi, say banking sources.

Find out the exposure of some of the Gulf’s top banks to the troubled Saad, AHAD groups.