Sunday 24 August 2014
 
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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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Batelco wins order freezing former partner's assets

A British court has ordered a worldwide freeze on assets of Batelco's former Indian investment partner Siva Limited and its chairman Chinnakannan Sivasankaran.   The Bahr

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Bahraini worker jailed for kissing woman's hands

A Bahraini man has been jailed for a month for kissing a British woman's hands.   Prosecutors said the maintenance worker, aged in his 40s, asked the woman to enter her home in Amwaj Islands to carry out work

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GFH Ex-deputy CEO awaits quizzing

A British citizen being sued for $5 million by a subsidiary of Bahrain-based Gulf Finance House (GFH) claims he is still waiting to be interviewed by police or prosecutors in Dubai, according to a statement issued on his behalf. &

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New emergency passports for Britons on way

Emergency passport procedures are being introduced for Britons in Bahrain, after it emerged there was a massive backlog of overseas applications that was taking months to clear.   From June 23, UK citizens can ap

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Select Property launches UK student residences in GCC

Specialist investment company Select Property has officially launched a luxury British student residential product to investors in the GCC region.   The company has a major sales division in Dubai, following the

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Barclays to axe 19,000 jobs under revival plan

Britain's Barclays will axe 19,000 jobs in the next three years and set up a "bad bank" to house much of its investment banking business and European retail operations as it strives to turn itself around in the face of a trading sl

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Bahrain, Britain join hands against terror

Bahrain's Premier has stressed the importance of Bahraini-British co-operation in combating terrorism.   He called for the need to continue enhancing bilateral co-operation in the political, trade and diploma

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Iranian bank sues UK govt for $4bn over sanctions

Iran's largest private bank is suing the British government for almost $4 billion in damages after the Supreme Court quashed sanctions imposed against it over alleged links to Tehran's nuclear programme. Bank Mellat wants

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