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Maan Al-Sanea
Maan Abdul Wahed Al-Sanea (born 1955, Khobar, Saudi Arabia) is a Saudi businessman of Kuwaiti origin. In 1980, he founded the Saad Group, a conglomerate with operations in construction & engineering, real estate development, financial services and investments. He has also founded a private hospital, several educational facilities and a support center for special-needs children and their families. It is alleged that he funded all this by defrauding his wife's family, the Al Gosaibis. Al-Sanea’s family investment company, Saad Investments Co. Ltd. collapsed in 2009 and remains involved in a lengthy liquidation process, including the case ''Singularis Holdings Limited (in liquidation) v Daiwa Capital Markets Europe Limited''. In October, 2017, he was arrested in his home in Saudi Arabia. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Khobar
Khobar ( ar, ٱلْخُبَر, translit=al-Khobar) is a city and governorate in the Eastern Province of the Kingdom of Saudi Arabia, situated on the coast of the Persian Gulf. With a population of 457,748 as of 2017, Khobar is part of the 'Triplet Cities' area, or Dammam metropolitan area along with Dammam and Dhahran, forming the residential core of the region. The city was founded alongside Dammam by the Dawasir who moved there in 1923 fearing British persecution with the permission of King Abdulaziz Al Saud. Khobar experienced rapid growth during and after the discovery of oil in Saudi Arabia as it served as the port for the oil exports of Saudi Aramco in the company's early days. Traditionally, Khobar has also been a city of shopkeepers and merchants, and today has several shopping malls in and around it. The city is the newest in the Dammam metropolitan area, facing the Persian Gulf with its 16-km long Corniche Road, which runs parallel to the city's eastern coast. Khobar i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Saudi Arabia
Saudi Arabia, officially the Kingdom of Saudi Arabia (KSA), is a country in Western Asia. It covers the bulk of the Arabian Peninsula, and has a land area of about , making it the fifth-largest country in Asia, the second-largest in the Arab world, and the largest in Western Asia and the Middle East. It is bordered by the Red Sea to the west; Jordan, Iraq, and Kuwait to the north; the Persian Gulf, Qatar and the United Arab Emirates to the east; Oman to the southeast; and Yemen to the south. Bahrain is an island country off the east coast. The Gulf of Aqaba in the northwest separates Saudi Arabia from Egypt. Saudi Arabia is the only country with a coastline along both the Red Sea and the Persian Gulf, and most of its terrain consists of arid desert, lowland, steppe, and mountains. Its capital and largest city is Riyadh. The country is home to Mecca and Medina, the two holiest cities in Islam. Pre-Islamic Arabia, the territory that constitutes modern-day Saudi Ar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kuwait
Kuwait (; ar, الكويت ', or ), officially the State of Kuwait ( ar, دولة الكويت '), is a country in Western Asia. It is situated in the northern edge of Eastern Arabia at the tip of the Persian Gulf, bordering Iraq to the north and Saudi Arabia to the south. Kuwait also shares maritime borders with Iran. Kuwait has a coastal length of approximately . Most of the country's population reside in the urban agglomeration of the capital city Kuwait City. , Kuwait has a population of 4.45 million people of which 1.45 million are Kuwaiti citizens while the remaining 3.00 million are foreign nationals from over 100 countries. Historically, most of present-day Kuwait was part of ancient Mesopotamia. Pre-oil Kuwait was a strategic trade port between Mesopotamia, Persia and India. Oil reserves were discovered in commercial quantities in 1938. In 1946, crude oil was exported for the first time. From 1946 to 1982, the country underwent large-scale modernization, largely b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Saad Group
{{disambig ...
Saad or Sa'ad may also refer to: *Saad (name), people carrying the name or surname *Sa'ad, a kibbutz in the Negev desert in Israel *Saad Esporte Clube, a Brazilian football club * Saad SC, an Iraqi football club *Saad Specialist Hospital, in Khobar, Saudi Arabia *Saad National Schools, in Khobar, Saudi Arabia *Kolej Yayasan Saad, formerly Saad Foundation College, a school in Malaysia *, a Pakistan Navy submarine See also *Sa'd al-Din (other), including variants such as Saadeddine *Saadallah, a given name and family name *Banu Sa'ad, one of the tribes of Arabia during Muhammad's era * System Administrator Appreciation Day System Administrator Appreciation Day, also known as Sysadmin Day, SysAdminDay, is an annual event created by system administrator Ted Kekatos. The event exists to show appreciation for the work of sysadmins and other IT workers. It is celebrat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Conglomerate (company)
A conglomerate () is a multi-industry company – i.e., a combination of multiple business entities operating in entirely different industries under one corporate group, usually involving a parent company and many subsidiaries. Conglomerates are often large and multinational. United States The conglomerate fad of the 1960s During the 1960s, the United States was caught up in a "conglomerate fad" which turned out to be a form of speculative mania. Due to a combination of low interest rates and a repeating bear-bull market, conglomerates were able to buy smaller companies in leveraged buyouts (sometimes at temporarily deflated values). Famous examples from the 1960s include Ling-Temco-Vought,. ITT Corporation, Litton Industries, Textron, and Teledyne. The trick was to look for acquisition targets with solid earnings and much lower price–earnings ratios than the acquirer. The conglomerate would make a tender offer to the target's shareholders at a princely premium to the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Real Estate Development
Real estate development, or property development, is a business process, encompassing activities that range from the renovation and re-lease of existing buildings to the purchase of raw Real Estate, land and the sale of developed land or parcels to others. Real estate developers are the people and companies who coordinate all of these activities, converting ideas from paper to real property. Real estate development is different from construction or Home construction, housebuilding, although many developers also manage the construction process or engage in housebuilding. Developers buy land, finance real estate deals, build or have builders build projects, develop projects in joint venture, create, imagine, control, and orchestrate the process of development from the beginning to end.New York Times, March 16, 1963, "Personality Boom is Loud for Louis Lesser" Developers usually take the greatest risk in the creation or renovation of real estate and receive the greatest rewards. Typ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Services
Financial services are the Service (economics), economic services provided by the finance industry, which encompasses a broad range of businesses that manage money, including credit unions, banks, credit-card companies, insurance companies, accountancy companies, consumer finance, consumer-finance companies, brokerage firm, stock brokerages, investment management, investment funds, individual asset managers, and some government-sponsored enterprises. History The term "financial services" became more prevalent in the United States partly as a result of the Gramm-Leach-Bliley Act, GrammLeachBliley Act of the late 1990s, which enabled different types of companies operating in the U.S. financial services industry at that time to merge. Companies usually have two distinct approaches to this new type of business. One approach would be a bank that simply buys an insurance company or an investment bank, keeps the original brands of the acquired firm, and adds the Takeover, acquisit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Al Gosaibi
Al-Gosaibi, Al Gosaibi or Algosaibi ( ar, القصيبي) is a Peninsular Arabic surname. Notable people with this family name include: * Ghazi Abdul Rahman Al Gosaibi (1940–2010), Saudi Arabian politician, diplomat and technocrat * Saud Abdul Aziz Al Gosaibi (1963–2003), Saudi Arabian businessman and managing director of Ahmad Hamad Al Gosaibi & Brothers Ahmad Hamad Al Gosaibi & Brothers (A. H. Al Gosaibi & Bros. or AHAB or Al Gosaibi Group) is a family owned Saudi business group, formed by Hamad Ahmad Al Gosaibi in the late 1940s. It was originally a trading company offering money exchange service ... * Sulaiman Hamad Al Gosaibi (died 2009), Saudi Arabian businessman {{surname, Al-Gosaibi Arabic-language surnames ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The New Yorker
''The New Yorker'' is an American weekly magazine featuring journalism, commentary, criticism, essays, fiction, satire, cartoons, and poetry. Founded as a weekly in 1925, the magazine is published 47 times annually, with five of these issues covering two-week spans. Although its reviews and events listings often focus on the Culture of New York City, cultural life of New York City, ''The New Yorker'' has a wide audience outside New York and is read internationally. It is well known for its illustrated and often topical covers, its commentaries on popular culture and eccentric American culture, its attention to modern fiction by the inclusion of Short story, short stories and literary reviews, its rigorous Fact-checking, fact checking and copy editing, its journalism on politics and social issues, and its single-panel cartoons sprinkled throughout each issue. Overview and history ''The New Yorker'' was founded by Harold Ross and his wife Jane Grant, a ''The New York Times, N ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Singularis Holdings Limited (in Liquidation) V Daiwa Capital Markets Europe Limited
is a judicial decision of Supreme Court of the United Kingdom relating to the duties owed by a bank where a person acting on behalf of a corporate customer of the bank directs the bank to transfer money out of the company's account as part of a fraudulent scheme. The principal issues in the case were whether the bank had breached its duty to its customer by transferring the monies despite the suspicious circumstances surrounding the transfer request, and if so, whether the claim of the customer against the bank was precluded by the fact that the fraudulent acts of the director should be attributed to the customer so as to bar the claim of the customer against the bank. The Supreme Court upheld the decision of the Court of Appeal, which had held that on the facts that the bank had breached the duty to their customer, and the fact that the fraud was perpetrated by a director of the corporate customer did not preclude the claim by that corporate customer against the bank. ''Pra ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
21st-century Saudi Arabian Businesspeople
The 1st century was the century spanning AD 1 ( I) through AD 100 ( C) according to the Julian calendar. It is often written as the or to distinguish it from the 1st century BC (or BCE) which preceded it. The 1st century is considered part of the Classical era, epoch, or historical period. The 1st century also saw the appearance of Christianity. During this period, Europe, North Africa and the Near East fell under increasing domination by the Roman Empire, which continued expanding, most notably conquering Britain under the emperor Claudius (AD 43). The reforms introduced by Augustus during his long reign stabilized the empire after the turmoil of the previous century's civil wars. Later in the century the Julio-Claudian dynasty, which had been founded by Augustus, came to an end with the suicide of Nero in AD 68. There followed the famous Year of Four Emperors, a brief period of civil war and instability, which was finally brought to an end by Vespasian, ninth Roman emperor, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
