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by uknj 4087 days ago
I lived in Khobar, Sanea spent like absolute crazy. Family and friends always joked about how it looked like a 7 star hotel instead of a hospital. They bought several residential compounds, including one I formally lived in. It always seemed like something was wrong, while the hospital was a fairly crowded one, there was no way it was actually turning a profit. The other stuff about the banking came as news to me though. Really interesting read.

Edit: To add on to this, the Gosaibis were a well respected name, they have since been driven AFAIK to the brink of bankruptcy, as the article mentioned they sold off their PepsiCo. factory and some of their other assets as well.