The ruling was in response to a complaint filed by indebted Saudi family conglomerate Ahmad Hamad Algosaibi and Brothers Company (AHAB), which is locked in a legal tussle in the United States with the billionaire owner of Saad Group, Maan Al-Sanea.
Units of the two family groups, Saad and Ahmad Hamad Algosaibi & Brothers, have borrowed at least $15.7 billion from more than 80 regional and international banks
This is going to be a long one.