Tuesday 25 February 2020
 
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DIFC Courts registers 64pc rise in cases in H1

The Dubai International Financial Centre (DIFC) Courts has released its key figures for the first half of 2018, with total a volume of 368 cases across all divisions, revealing a 64 per cent increase year-on-year. The overall valu

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Plant-based product claims increase 62pc

Plant-based product claims increased at a compound annual growth rate of (CAGR) of 62 per cent globally from 2013 to 2017, with growth occurring on platforms such as plant proteins, active botanicals, sweeteners, herbs and seasonings and colouri

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McLarens opens Dubai office

McLarens, a leading global claims services provider, has introduced its newest office in Dubai, UAE to further support clients in the region. The Dubai team will be led by Malcolm Addy, country manager – UAE, who will also o

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Bahraini Minister inspects SMC after staff shortage claims

Bahrain’s Health Minister conducted a surprise inspection at Salmaniya Medical Complex (SMC), following allegations of staff shortages at the country’s main hospital, two new sickle cell fatalities and reports of a patient attackin

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US jobless claims fall to 281,000

The number of Americans filing new applications for unemployment benefits fell more than expected last week, pointing to a solid labour market. Initial claims for state unemployment benefits dropped 15,000 to a seasonally adjusted

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Disputes arise over delay on Bahrain island development

A dispute over penalty demands and right of access has broken out between the master developer of a $1.5-billion man-made island project in Bahrain and around 60 developers and property owners there. Lulu Tourism Company (LTC), th

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Unrest compensation fund draws 6,400 claims

More than 6,400 claims have been submitted to a BD10 million ($26.52 million) fund set up by Bahrain’s government to compensate people affected by last year’s unrest, said a top official. They include cases of murder, abduction, assault, s

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Bahrain in new unrest compensation move

Out-of-court settlements are being offered to people affected by last year's unrest in Bahrain. The initiative was approved by the Cabinet yesterday. Under the scheme direct compensation will be paid to people who opt for cordial sett

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BP buys Google ads for search term ‘oil spill’

BP has bought terms such as 'oil spill' from search engine providers including Google to help direct Internet users to its website as it attempts to control the worst oil spill in US history. A spokesman said BP would pay fees so i

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Creditor claims 'could delay Dubai debt deal'

Dubai's special tribunal, set up to hear cases against indebted state firm Dubai World, could throw efforts to restructure $26 billion in debt into disarray if just one creditor files a claim, legal experts say. Dubai World is lobbying ban

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