| 29.09.2009 - Saad in talks with Kuwait banks to settle debt |
| From Tradearabia.com: Saudi Arabian conglomerate Saad Group has started talks with Kuwaiti lenders to settle its debts in order to avoid further lawsuits, a Kuwaiti newspaper said on Monday citing banking sources. The move comes as Saad Group tries to avoid any further legal action that could be taken by Kuwaiti lenders, after Al Ahli Bank of Kuwait (ABK) sued the group, Kuwaiti daiy newspaper Al-Qabas reported......................Full Article: Source |