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Article: ADX asks UAE banks to detail Saad, Algosaibi exposure.
- Article from:
- The Daily Star (Beirut, Lebanon)
- Article date:
- October 1, 2009
CopyrightCOPYRIGHT 2009 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Summary:
The Abu Dhabi Securities Exchange (ADX) has directed banks to provide details of exposure and provisions taken to troubled Saudi groups Saad and Algosaibi as part of regulatory measures, the bourse said on Wednesday.AaThe request led to a flurry of statements by listed banks and comes after the United Arab Emirates (UAE) central bank governor said.
Stanley CarvalhoAa
Reuters Aa
Aa
ABU DHABI: The Abu Dhabi Securities Exchange (ADX) has directed banks to provide details of exposure and provisions taken to troubled Saudi groups Saad and Algosaibi as part of regulatory measures, the bourse said on Wednesday.AaThe request led to a ...
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