30.04.2010 - Citigroupís return to Saudi Arabia may need more than Alwaleed
From Bloomberg: Citigroup Inc. is aiming to open for business in Saudi Arabia six years after selling its stake in a bank there. Returning might not be as easy as departing. Since leaving the country in 2004, the company has said it would like to regain a foothold. Saudi officials, though, are protecting banks from new competition, according to Jean- Francois Seznec, visiting associate professor at Georgetown Universityís Center for Contemporary Arab Studies.........................................Full Article: Source
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