Topic: Saudi Arabia
Saudi conglomerate agrees to debt repayment plan
A Saudi family business empire at the center of a multi-billion dollar legal dispute in the Cayman Islands has signed a settlement agreement to repay some of the funds it owes to more than 100 banks and financial institutions.
Opening salvos in massive Saudi fraud case
One of Saudi Arabia’s wealthiest businessmen was accused, Tuesday, of a multi-billion-dollar fraud that led to one of the biggest corporate defaults in the kingdom’s history.
Courtroom transformed for Saudi case
The chief executive of the Saudi conglomerate at the center of the largest trial ever to be held in the Cayman Islands said Monday he was looking forward to the case finally being argued in court.
Saudi family feud puts Cayman’s courts in international spotlight
One of Saudi Arabia’s wealthiest businessmen stands accused of a multibillion-dollar fraud as the largest trial in Cayman Islands history begins Monday.
