Sponsored Content
Al Jaber in Distress
People ♦
Published: April 23, 2011; 16:23 ♦ (Vindobona)

Sponsored Content
Saudi investor Mohamed Al Jaber has to fight on several fronts in Austria. Kneissl awaits restructuring, loans are due.

Al Jaber could soon lose his prestigious real estate in downtown Vienna. Bank Austria intends to seize the investor’s properties because of outstanding debts. There are also ÖVAG loans due for over € 20m.
It is openly stated at Bank Austria, that they have lost trust in Al Jaber, because he has not met his payment obligations. "Therefore we are now starting legal action and…
or Log In
Sponsored Content
Sponsored Content
Sponsored Content
Fast News Search
Related News
Kneissl is Insolvent (February 8, 2011)
Kneissl: "Al Jaber pays" (January 5, 2011)
Kneissl: Insolvency Seems Inevitable (January 3, 2011)
Kneissl: Bankruptcy Application Possible Despite Capital Increase (November 25, 2010)
No Bankruptcy Proceedings Against Kneissl (November 15, 2010)
Sponsored Content
Read More
Featured