Creditors look to sell Saudi Arabia's Al-Gosaibi debt on rising price -sources

Bahrain-based Gulf International Bank has sold its 513.6 million riyals ($137 million) claim against Ahmad Hamad Al-Gosaibi and Brothers, which has been locked in a near decade-long dispute with creditors, sources told Reuters. And now Standard Chartered, Dubai-based Emirates NBD and Bahrain’s Arab Banking Corporation are also seeking to sell…