Latest News for: Dammam law

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Who’s Who: Dr. Reem Al-Shinawi, bioethics and law consultant at Dammam’s King Fahd Specialized Hospital

Arab News 23 May 2021
Researcher and bioethics and law consultant at the King Fahd Specialized Hospital in Dammam, Dr ... degrees in healthcare ethics and medical laws and fellowship specialized in leading ... Following that, Al-Shinawi worked for free for a year at Dammam’s King Fahd Specialized Hospital.
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Kidnapped 20 years ago, boy reunited with family in Saudi Arabia

Gulf News 19 Feb 2020
A woman in Saudi Arabia was finally caught by the long arm of the law — more than 20 years after she started kidnapping new borns from a hospital in Dammam, a city in the Kingdom's eastern province ... Mohammad Amari kidnapped from the Women and Childbirth Hospital in Dammam in 1996, who lived till today under the name of Ali Image Credit.
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A Saudi family feud, a decade-long debt saga and a court's $14 billion decision

Yahoo Daily News 07 Jan 2020
A court-driven end to the saga would not only offer some relief to those creditors, but more broadly would be an important sign to international investors, as the cases would be resolved under a new bankruptcy law introduced in 2018 as part of reforms aimed at making the kingdom more investor friendly.
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AHAB files for financial restructuring under Saudi bankruptcy law

This is Money 13 Mar 2019
... rejected by a commercial court in Dammam which said it had not provided all the required details ... AHAB has been trying to move the jurisdiction of its case from the JDEK to the Commercial Court in Dammam, under the bankruptcy law, to avoid the risk of a disorganised liquidation.
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New Saudi bankruptcy law may resolve $22 billion Saad debt saga

Arab News 10 Mar 2019
Given that it is more or less aligned with regional and international commercial law practices, the probability of its success is much higher.” The commercial court in Dammam last month approved an application for financial reorganisation under the terms of the Saudi bankruptcy law and appointed an independent trustee to oversee the process.
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Saudi court approves detained tycoon Sanea’s bankruptcy filing

Dawn 10 Mar 2019
“Given that it is more or less aligned with regional and international commercial law practices, the probability of its success is much higher.” A commercial court in Dammam last month approved an application for financial reorganisation under the terms of the Saudi bankruptcy law and appointed an independent trustee to oversee the process.
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Saudi court approves detained tycoon's bankruptcy filing

Middle East Online 09 Mar 2019
A commercial court in Dammam last month approved an application for financial reorganisation under the terms of the Saudi bankruptcy law and appointed an independent trustee to oversee the process ... had not provided all the information needed as part of the law and its regulations.
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Saudi court approves detained tycoon Sanea's bankruptcy filing

This is Money 09 Mar 2019
A commercial court in Dammam last month approved an application for financial reorganisation under the terms of the Saudi bankruptcy law and appointed an independent trustee to oversee the process ... had not provided all the information needed as part of the law and its regulations.
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EXCLUSIVE-Saudi court approves detained tycoon Sanea's bankruptcy filing

This is Money 09 Mar 2019
A commercial court in Dammam last month approved an application for financial reorganisation under the terms of the Saudi bankruptcy law and appointed an independent trustee to oversee the process ... had not provided all the information needed as part of the law and its regulations.
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Saad Group seeks debt resolution under Saudi bankruptcy law - sources

This is Money 18 Feb 2019
Should Saad's filing for bankruptcy be accepted by the Dammam court, it could lead to better treatment of its creditors as the new bankruptcy law provides more options and regulates procedures such as settlements and liquidation, said one of the sources familiar with the matter.
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