Awal Bank wins $700m payout judgementA Bahraini bank has won a massive payout from a Saudi businessman described as ‘one of the biggest monetary judgements ever awarded in the GCC.’ Maan Al Sanea has been ordered by Bahrain's High Civil Court to pay A More… |
US court overturns Algosiabi dispute rulingA ruling that a dispute involving Ahmad Hamad Algosaibi and Brothers Company (AHAB), Maan Al Sanea and Mashreq Bank could not be heard in a New York court has been overturned by the state's appeal court, a report said. Mashreq More… |
UK court lifts $9.2bn Saad asset freezeA UK court has lifted a freezing order on assets worth $9.2 billion of Maan Al-Sanea, the founder of Saudi Arabia's Saad Group, in what his legal team called a 'significant turning point' in a bitter legal battle wi More… |