Dec 02, 2010
Court of appeal lifts stay on al Gosaibi family's claim against Maan al Sanea, clearing the way for a trial on one of the biggest fraud cases in Gulf history. Read Article Cayman court clears way for $9bn Saudi fraud case
May 06, 2010
A specialist will look into the bank's claim over a Dh542 million loan to a division of Saudi Arabia's Saad Group. Read Article Expert brought in by Dubai judge in Mashreqbank case
May 02, 2010
Although Dubai World's debt trouble may often be seen as the single greatest loan worry for the country's banks, UAE lenders have made far greater provisions for exposure to the Saudi entities the Saad Group, and Ahmad Hamad Al Gosaibi and Brothers. Read Article The other threat to bank profits
May 01, 2010
High-margin retail lending an important revenue stream. Read Article Banks to push credit cards
Sep 15, 2009
Court case in New York reveals full details about a UAE bank's exposure to troubled Saudi family conglomerate for the first time. Read Article Al Gosaibi 'owes Mashreq $400m'
Aug 30, 2009
Maan al Sanea, a prominent Saudi businessman, kept records of a multibillion-dollar fraud in a secret set of books, according to documents filed. Read Article Al Sanea kept secret ledger, says court filing
Aug 30, 2009
UAE banks have until Sunday to disclose details of accounts held by foreign officials and politicians. Read Article Banks join global money laundering battle
Aug 29, 2009
The increasingly bitter row between the Al Gosaibi family of Saudi Arabia and their erstwhile business partner, Kuwaiti-born Maan al Sanea, is setting new standards for cross-border corporate intrigue. Read Article Arab business has its very own global scandal
Aug 27, 2009
Mashreq filed a suit against the Al Gosaibi group in May, and the Saudi group reacted with a filing of its own. Read Article Mashreqbank hits back in Al Gosaibi tit-for-tat
Aug 25, 2009
Ahmad Hamad Al Gosaibi and Brothers has filed papers against a move to seize personal assets of its leaders in a New York court case. Read Article Al Gosaibi moves to block Mashreq asset seizure
