Wednesday 7 October 2015
Maan Al Sanea

Saudi Algosaibi 'wins damages claim'

The Grand Court of the Cayman Islands yesterday granted a default judgment in favour of Ahmad Hamad Algosaibi & Brothers (AHAB) against Maan Al Sanea, said a report. AHAB said it would now push for an assessment of damages for conspira


Saudi 'freezes tycoon's accounts'

Saudi Arabia's central bank has ordered local banks to freeze the accounts of a Saudi billionaire, a source was quoted as saying. The Saudi Arabian Monetary Agency (Sama) also ordered banks in the country to freeze transactions with Ma

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