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Saudi's AHAB turns to new bankruptcy law to settle with creditors
Conglomerate Ahmad Hamad Algosaibi and Brothers (AHAB) has become the first company to file for a settlement under Saudi Arabia’s new bankruptcy law, seeking to resolve the kingdom’s longest-running and largest debt dispute. The company hopes the move will help to bring a conclusion to creditor talks that have rumbled…
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Click here to read the full story: Reuters