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Saudi Arabia's Algosaibi calls May creditor meeting
Saudi Arabian conglomerate Ahmad Hamad Algosaibi & Brothers has called a meeting of creditor banks in Dubai on May 7 to discuss a proposed settlement of billions of dollars of unpaid debt commercial bankers said on Monday. The 2009 collapse of Algosaibi's Bahrain unit, The International Banking Corp, and Awal…
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Click here to read the full story: Reuters