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Saudi-backed JJW hotels to pay $133m fineA French court has ruled that Saudi-backed JJW Hotels & Resorts will have to pay 100 million euros ($133.7 million) to Starwood Capital to settle a dispute involving the sale of Le Crillon, one of the world's landmark hotels. The U More… |
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SABB brokerage fined for account handlingThe Saudi bourse regulator has fined the brokerage of SABB bank SR200,000 ($53,330) over negligence in handling a client's portfolio. The Capital Market Authority fined SABB Securities for "breaching instructions on not accepting legal dep More… |
