Saudi ordered to pay $11.5m compensation to Indian

  • Share via facebook
  • Tweet this
  • Bookmark and Share

A court has ordered a Saudi citizen to pay SR43 million ($11.5m) in compensation to an Indian investor over a failed hospital development deal, according to local media.

The men had agreed to build a hospital in Jeddah under Saudi law that requires foreign investors to have a local partner to develop or run a business in the kingdom.

Construction had begun and staff were recruited from Indian and Pakistan but the project stalled when the a dispute arose, Arab News reported.

Details of the dispute were not revealed but the project was renamed and workers were sent back to their countries.

The Indian successfully sued the Saudi, arguing he had breached their contract.

Justice Sami Al Atiq ordered the money be paid within five days.

The Saudi would be banned from travelling if he failed to comply with the ruling.

Related:
Join the Discussion

Disclaimer:The view expressed here by our readers are not necessarily shared by Arabian Business, its employees, sponsors or its advertisers.

Please post responsibly. Commenter Rules

  • No comments yet, be the first!

Enter the words above: Enter the numbers you hear:

All comments are subject to approval before appearing

Further reading

Features & Analysis
Smoke-free Dubai - the big debate

Smoke-free Dubai - the big debate

Will the emirate ever be smoke free? We spark up the conversation...

4
Mentoring matters: Mowgli Q&A

Mentoring matters: Mowgli Q&A

Kathleen Bury, CEO of mentoring foundation Mowgli, on why mentoring...

Guide to getting married in Dubai on a budget

Guide to getting married in Dubai on a budget

Alarmed by how expensive weddings are? Our experts reveal how...

2
Most Discussed
  • 10
    UAE teens among the highest for obesity rates

    Everyone in UAE knows that biggest is best.

    UAE may not light up the international league tables in standard of living, education standards, press... more

    Friday, 29 August 2014 4:20 PM - Proud UAEer
  • 9
    Saudi Arabia seeks talks on hiring of Sri Lankan maids

    perhaps the unemployed saudi men or the millions of women who are not allowed to work could pick up a broom and start sweeping their own houses. more

    Sunday, 31 August 2014 3:28 PM - nice
  • 9
    Smoke-free Dubai - the big debate

    Surprisingly the only studies that show a negative financial impact of the smoking ban on the hospitality industry are sponsored by tobacco companies ... more

    Wednesday, 27 August 2014 4:19 PM - Telcoguy
  • 24
    World's most pierced man refused entry to the UAE

    Tolerance has its limits everywhere including Dubai and those who considered Dubai a lawless circus were held accountable...so thank you Dubai authorities... more

    Thursday, 21 August 2014 10:51 PM - Khalil
  • 23
    Baby NOT on board?

    Some of you cry babies need to get your own personal apartments on the plane ! You cry more then the babies I have seen in my travels. LOL more

    Thursday, 28 August 2014 9:10 AM - Jim
  • 21
    Israel “must be punished” over Gaza, says Dubai police chief

    This high moral ground that Mick is talking abt sound very familiar. May I remind Mick that the US & its British ally alone killed over 1 million innocent... more

    Thursday, 7 August 2014 4:12 PM - Mathew