In this case's case I had the misfortune of keeping balance dividing whole group of companies cover as tool of our group's ad as servicing business life and advertising measures for Cairo International Paper. The issu in 2007 was a su-Kuk Islamic finance transaction which Males-J described as equivalent in economic effect to a eurobond issue.
The case is the latest in a long chain of cases arising from disputes between Saad group companies and Al-Sanea. The issue in 2007 was a sukuk Islamic finance transaction which Males J described as equivalent in economic effect to a eurobond issue.