Algosaibi Information Systems

ADX asks UAE banks to detail Saad, Algosaibi exposure.
The Daily Star (Beirut, Lebanon); 10/1/2009; 1017 words; ...Saudi groups Saad and Algosaibi as part of regulatory...Saudi groups Saad and Algosaibi as part of regulatory...the regional banking system. Gulf central bankers...region's banking systems from the debt debacle...perspective the more information the better C* [the...clarity on Saad and ...

ADCB has $609 Million Exposure to Saudi Groups.
Khaleej Times (Dubai, United Arab Emirates); 9/25/2009; 565 words; ...million) to Ahmad Hamad Algosaibi & Brothers Co...s regional banking system. "ADCB expects to...the Saad Group and the Algosaibi Group based on changes...about $400 million by Algosaibi. Meanwhile, Al Ahli...providing misleading information about its financial...

Islamic banks unaffected by crisis, says head of Union of Arab Banks.
CPI Financial; 9/6/2009; 719 words; ...countries where the banking system is closed to external...implement a common currency system and consolidated economic...Commenting on the Saad/Algosaibi situation, Yousif said...banks should exchange information about corporate debts...central banks have the information at their ...

Saudi banks not threatened by Saad fiasco.
Kippreport; 9/2/2009; 655 words; ...said that Saad and Algosaibi Groups' $22 billion...the nation's banking system. What? Muhammad Al...Group and Ahmad Hamad Algosaibi & Bros did not...reporters. Saad and Algosaibi are embroiled in a legal...provide any additional information. "These two firms...

A mixed year for GCC banks.(Gulf Cooperation Council)
The Banker; 9/1/2009; 2943 words; ...Arabian family companies, Algosaibi and Saad Group. And...many positive facts and information to report. The GCC...The misfortunes of the Algosaibi and Saad groups have...Central Bank of Bahrain. Algosaibi and Saad are thought...half of the banking system loan book exposed to...