Thursday, 28 December 2017

Saudi businessman in debt dispute released from detention-sources | ZAWYA MENA Edition

Saudi businessman in debt dispute released from detention-sources | ZAWYA MENA Edition:

"A Saudi Arabian businessman whose family's commercial empire is involved in a multi-billion dollar debt dispute has been released from detention in the kingdom's Eastern Province, according to sources familiar with the matter.

Abdulaziz al-Sanea's release comes as the government steps up efforts to find a company to run a struggling 750-bed hospital owned by his family, a search that has turned the spotlight on the kingdom's effort to bring overseas investors into the healthcare sector.

Al-Sanea was freed late last week after being detained in October for unpaid debts, related at least in part to the hospital, according to the sources. "



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