Oman's biggest sovereign wealth fund is set to seek an arbitration ruling against Bulgaria over the collapse of Corporate Commercial Bank (Corpbank), a source familiar with the situation told Reuters.
Oman's State General
A judge weighing how much BP should be punished over the 2010 Gulf of Mexico oil spill on Thursday refused to overturn his own finding that the oil company's conduct was "grossly negligent."
The decision by US Distri
Anyone in Bahrain who has ever lost money on an investment product that had not been pre-approved by the Central Bank of Bahrain (CBB) could now be able to claim it following a landmark ruling by the High Civil Court.
The Bahrain Chamber of Dispute Resolution (BCDR) has issued a verdict in favour of Bank Alkahir against its former chief executive officer Majed Al-Refai and has also asked him to repay a $2 million loan he had taken during his tenure in
Abu Dhabi’s real estate sector has posted solid growth in the first half, thanks to the government requirement for public sector staff to reside in the emirate and the Dh330 billion ($90 billion) investment over the next five years, said a
A US judge ruled on Monday the New York Police Department's "stop-and-frisk" crime-fighting tactic was unconstitutional, dealing a stinging rebuke to Mayor Michael Bloomberg, who vowed to appeal the ruling.
A thorny legal issue facing Egypt's government was laid bare last month when Prime Minister Hisham Kandil was given a suspended jail sentence for failing to implement a court ruling to renationalise a textile
The Bahrain Chamber of Dispute Resolution (BCDR) has issued a verdict in favour of Bank Alkhair against Falah Nasser Hamad Al Falah, a former employee of the bank, and its former chief executive Majid Al Refai, said a report.