Saad's parent company in Dubai is liquidated in UK
- United Arab Emirates: Wednesday, September 30 - 2009 at 14:30
The parent company of the Saad Group's Dubai investment unit has gone into liquidation in the UK. The liquidators of LA Investments (LAIL), a London-based investment vehicle belonging to the Saad Group, said they had advised the Dubai financial regulator they intended to withdraw the licence of SAAD Financial Advisory Services. The company is registered with the Dubai International Financial Centre (DIFC) and has an office on Sheikh Zayed Road in Dubai.
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