30.06.2009 - UAE banks have 'significant' exposure to Saad
From Tradearabia.com: Banks in the United Arab Emirates have "significant" exposure to Saudi Arabia's troubled Saad Group and Algosaibi conglomerates, the UAE central bank governor told Reuters on Monday. Speaking in the Swiss city of Basel, Sultan Bin Nasser al-Suweidi said the Saudi central bank could not keep its freeze on accounts linked to the two firms forever and that Gulf countries must find a common and transparent solution to this issue as they are all affected........Full Article: Source