RELATED STORIES

Al Sanea fails to overturn $9.2bn freezing order

UK High Court allows Saudi billionaire $4m a year spending money amid dispute.





Banks to provide details of Saudi exposure

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





'No concern' over UAE banks' exposure to Saad, Algosaibi

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





Algosaibi no longer Samba chairman - bank

Saudi's second largest bank says it wishes him well in statement on Tadawul website.





SAMA will not buy up Saad, Algosaibi debts - governor

Central bank chief rules out move to buy up debts of troubled family businesses.





Saad, Algosaibi debts 'pose no systemic risk' to banking

SAMA governor says panel has been set up to examine troubled Saudi firms.





Mashreq: Algosaibi claim attempt to avoid liability

UAE bank dismisses counter claim of Saudi family firm amid $150m lawsuit.





Documentation tangles Algosaibi debt fix - bankers

'This is not an easy case,' banker says after meeting Algosaibi's advisers.





QIB not exposed to Saudi Saad, Algosaibi Groups

Qatar Islamic Bank CEO says focus remains on oil, gas, infrastructure projects.





Bahrain says no systemic risk from Saudi groups - TV

Bahrain's cenbank last week assumed control of troubled Saad Group's Awal Bank and TIBC.





Cayman court freezes $9.2bn of Saad assets

Court orders asset freeze in response to indebted Saudi conglomerate AHAB's complaint.





Bahrain central bank assumes control of Saudi groups' banks

Kingdom's central bank takes control of Awal Bank and The International Banking Corporation.





Emirates NBD exposure to Saudi firms 'not material'

Bank's CEO says it does have exposure to troubled firms, Saad and Algosaibi.





Qatar National sees limited exposure to Algosaibi - paper

Qatari newspaper cites comments from bank's exec GM, Ali Ahmed al-Kuwari.





Saad lenders eye assets of Swiss subsidiary - source

Europe's banks are examining ways to reclaim funds from Saudi Arabia's Saad Group.





Costs of Saudi defaults mount at UAE banks

Banks make provisions after the UAE central bank met with bankers on July 16.





Algosaibi says vice president has not been fired

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





Al Sanea case is 'catalyst for change' – DIFC economist

Nasser Saidi says dispute crisis could force transparency in family businesses.





UAE central bank tells its banks to lift provisions sharply

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




Algosaibi fires vice president over media statement

Mohammed Salem Al Hindi fired for 'unacceptable behavior' in statement to press.





Dispute signals new era of transparency - economist

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





Saudi rocked by Al Sanea $10bn lawsuit

Newspapers splash on the biggest scandal to erupt publicly in the Gulf in the wake of the global financial crisis.





Saudi group in $10bn lawsuit vs Saad chief - press

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





Saudi Saad's sukuk investors mull setting up committee

Investors in troubled conglomerate look for representation at creditor meetings.





Lawyers drop Saudi Algosaibi in case vs Saad head

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





UAE banks have 'significant' exposure to troubled Saudi firms

Bank governor urges common solution to Saad, Algosaibi debt.





Troubled Algosaibi owes $9.2bn to banks - sources

Saudi family holding company reportedly owes money to more than 100 banks.





Is your bank exposed to troubled Saudi groups?

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





Saad picks adviser on $6bn debt talks

Troubled Saudi group puts forward Credit Suisse as an adviser to its bank lenders, say sources.





Oman's NBO says exposed to troubled Saudi groups

Oman’s second largest bank admits $17m exposure to Saad and Algosaibi groups.