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A property belonging to billionaire Maan al-Sanea is seen in Khobar in Saudi Arabia's Eastern Province. Sanea, ranked by Forbes in 2007 as one of the world’s 100 richest people, was detained last year for unpaid debts dating back to 2009 when his company, Saad Group, defaulted.(Reuters File Photo)

Saudi Arabia to auction detained tycoon’s real estate assets

By Reuters | Riyadh
UPDATED ON SEP 17, 2018 09:38 AM IST
Etqaan Alliance, the consortium appointed late last year by a three-judge tribunal to resolve Saad’s debt dispute, will sell the assets over five months at auctions in the Eastern Province, Riyadh and Jeddah.
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