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Energy Source
The week in energy: An oil and gas trade war?
...Owais ur Rehman Maan drew a parallel with the Joint Comprehensive Plan of Action, the agreement on Iran’s nuclear programme signed by China, France, Germany, Russia, the UK and the US, although the US has...
March 1, 2019
Arab banking & finance
Forces must rally in aid of business in the Arab world
...The epic and continuing Saudi Arabian dispute between Maan al-Sanea and the Algosaibi family has shaken preconceived notions that kinship will act as a guarantor of stability and a stay on damaging public...
May 27, 2013
FT Live
Global Private Banking Awards 2024
Celebrating excellence in wealth management
Thursday, 7 NovemberThe Landmark London, London, UK
World
Sanea breaks silence in Ahab dispute
...The serious allegations against Maan Al Sanea remain intact.”...
September 22, 2011
beyondbricsCentral banks
London headlines
...Opposition leader wins Zambia poll Zambian opposition leader Michael Sata was declared the winner of Zambia’s presidential election early on Friday, ousting incumbent Rupiah Banda as the leader of Africa...
September 23, 2011
beyondbricsMarkets
New York headlines
...Opposition leader wins Zambia poll Zambian opposition leader Michael Sata was declared the winner of Zambia’s presidential election early on Friday, ousting incumbent Rupiah Banda as the leader of Africa...
September 23, 2011
Banks
Rulings halt Saudi groups’ court progress
...“Taking the resolution of the dispute to Saudi Arabia very much seems to be in Maan’s best interests,” said a lawyer familiar with the case on Mr Sanea’s side....
August 1, 2010
FT Live
Global Wealth Management Summit
Recalibrating business for multi-generational private clients
Wednesday, 6 November222 Marylebone Road, London NW1 6JQ, United Kingdom
UK economy
Bankers held in Bahrain allege libel
...Saad Group, owned by Saudi billionaire Maan al-Sanea, and Ahmad Hamad Algosaibi and Brothers (Ahab) are between them estimated to owe dozens of regional and international banks $20bn....
June 1, 2010
World
Saudi billionaire ruled in contempt of court
...Maan al-Sanea, the Saudi billionaire, has been found in contempt by a Cayman Islands court for breaching a worldwide order freezing $9.2bn of his assets....
March 25, 2010
World
Saad chief in fight to have US case dismissed
...Maan al Sanea, chairman of Saad Group, alleges that his increasingly rancorous battle with fellow conglomerate Ahmad Hamad Algosaibi and Brothers (Ahab) has “no business” being heard in New York and should...
November 3, 2009
Middle Eastern companies
UK court relaxes curb on Saad cash
...A bitter legal dispute involving prominent Saudi Arabian businesses and families opened in the English courts on Monday, with Maan al Sanea failing to overturn a $9.2bn freezing order on his worldwide assets...
October 5, 2009
European companies
Banks’ lawsuits aimed at Saudi debtors
...News of the cases, which comes after the emergence of a US lawsuit brought by the Algosaibi group over an alleged “massive fraud” of up to $10bn by Maan Al Sanea, Saad’s billionaire owner, is likely to add...
July 17, 2009
Middle East protests
Comment: Families must adopt governance
...The effect was exacerbated when it emerged that Maan al-Sanea and his Saad Group were also grappling with troubles after Mr Sanea’s personal bank accounts were frozen by the Saudi central bank....
June 22, 2009
Oil
FTSE extends rally as optimism builds
...Among the mid-caps, Berkeley Group, down 2.3 per cent to 866½p, lagged behind after reports that Saudi Arabia’s central bank had frozen the bank accounts of Maan al-Sanea, a billionaire businessman who owns...
June 1, 2009
World
In the Spotlight: Michael Geoghegan - A year of living dangerously
...For example, Saudi billionaire Maan Abdulwahed al-Sanea recently spent about £3bn building a 3.11 per cent stake in HSBC....
May 20, 2007
UK banks
Saudi investor snaps up 3% of HSBC
...A Saudi billionaire, Maan Abdulwahed al-Sanea, has spent about £3bn building up a 3.11 per cent stake in HSBC....
April 16, 2007
FT Live
Global Insurance Summit
Strengthening resilience, capital and innovation as systemic risks evolve
Thursday, 13 JuneLondon, UK

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