Monday 8 February 2016
 
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Court keeps freeze on Zain Iraq's $187m, firm to appeal

An Iraqi court has rejected a request by Zain Iraq to lift a freeze on $187 million it holds in cash at local bank accounts, the telecom operator's parent firm Zain said on Wednesday. Zain Iraq, which has successfully appealed

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Bonus freeze of govt council members approved in Bahrain

Bonuses paid to heads and members of councils and committees affiliated with the Bahraini government have been frozen for two budget cycles, including the current one. The move will also apply to government-owned companies as well as those in

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DFSA freezes deposits in local Espirito Santo bank

The Dubai Financial Services Authority (DFSA) said it was freezing deposits and imposing other restrictions on private banker ES Bankers Dubai, part of the Portuguese Espirito Santo family's troubled empire. The move is the la

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UK court freezes assets of ex-GFH unit official

A British national being sued for $5 million by a subsidiary of Bahrain-based Gulf Finance House (GFH) has had his assets frozen by UK courts. Former GFH Capital deputy chief executive David Haigh is accused of a breach of contract and

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UK court freezes assets of ex-GFH unit official

A British national being sued for $5 million by a subsidiary of Bahrain-based Gulf Finance House (GFH) has had his assets frozen by UK courts. Former GFH Capital deputy chief executive David Haigh is accused of a breach of contract and

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Iran to resolve HSBC freeze on trade financing

Iran is lobbying to get HSBC to process humanitarian trade transactions that Europe's biggest bank has frozen because of concerns about potential breaches of international sanctions, sources familiar with the trades told Reuters.

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Dubai court freezes assets in GFH fraud case

A Dubai court has extended an order to freeze the worldwide assets of a former official of GFH Capital, the Dubai-based subsidiary of Bahrain's Gulf Finance House (GFH).   David Haigh, former managing directo

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Record freeze extends to eastern US; 9 dead

A deadly blast of arctic air shattered decades-old temperature records as it enveloped the eastern United States, snarling air, road and rail travel, driving energy prices higher and overwhelming shelters for homeless people. At l

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Taiwan women put career first, children later

Caught between traditional expectations and career pressures, working women in Taiwan are increasingly opting to freeze their eggs at fertility clinics as they postpone marriage and motherhood. Women play a big part in Taiwan'

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Egypt court overturns freeze on assets

  An Egyptian court overturned on Wednesday a public prosecutor's decision to freeze the assets of 23 investors and officials, including several from the Gulf, who are under investigation for alleged stock market manipulation

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