Saad Group seeks debt resolution under Saudi bankruptcy law: sources
Creditors pursuing al-Sanea's Saad Group since 2009
Reuters News - 18-Feb-2019
Saad Group (under liquidation)
Also known as: Saad Last updated on: 24 September 2018
fast facts
Business SummaryProvides direct investments in various sectors.Country of IncorporationSaudi ArabiaOwnership TypePrivateEstablished In1980Primary SectorFinancial ServicesContact details
Primary address
Building: Saad Group BuildingStreet: Salahuddin Al Ayoubi Street
Area: Al Hizam Al Thahabi Area
P.O. Box: 3250
Country: Saudi Arabia
City: Al Khobar
City Suffix: 31952
Region
Eastern ProvinceCONTACT
- Tel: +966 13-882-2220
- Fax: +966 13-882-7989
- Email: info@saad.com.sa
Officers
- Name availableChairman
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Reuters News - 16-Sep-2018Cayman Islands court dismisses claims in $126bln Mideast 'Ponzi scheme'
A Cayman Islands court has dismissed rival claims made by a Saudi Arabian family and the Cayman companies of a Kuwaiti-born businessman, finding both the family and the businessman to have defrauded scores of banks out of about $126bln over more than two decades.
Reuters News - 01-Jun-2018First Saudi Arabian-linked banks join al-Gosaibi debt settlement plan
Officials keen to get kingdom's biggest debt dispute resolved
Reuters News - 17-Apr-2018Hospital contract disarray highlights challenges to Saudi healthcare reform
London-listed NMC had been frontrunner
Reuters News - 04-Apr-2018Similar Companies
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