Markets look for leadership to overcome fallout from Al-Gosaibi/Al-Sanea dispute
In depth
Issue 887
- 16 Oct 2010
| 8 minute read
The fallout from the dispute between two major Saudi business families continues to concern creditors, regional banks and international monetary authorities. Conventional wisdom has it that issues surrounding the Al-Gosaibi/Maan Al-Sanea defaults will be resolved by the authorities. But the Saudi system’s slow public response to the situation was undermining confidence even before international courts got involved
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