Corporate Restructuring Summit, Dubai: AHAB dispute will be “huge litmus test” for Saudi Arabia
Eyad Reda and Simon Charlton (Credit: credit: Middle East Global Advisors)
The chief restructuring officer of Saudi conglomerate Ahmad Hamad Al-Gosaibi & Brothers (AHAB) says the group may use Saudi Arabia's new bankruptcy law to try and see an end to its decade-long restructuring saga, in what will be a “huge litmus test” for the Kingdom.
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