Wednesday 20 June 2018
UK court

Batelco bids to recoup $185m from India partner

Batelco will go to a British court in May in a bid to recoup $185 million from a failed Indian venture, as the Bahraini firm tries to avoid following Gulf peer Etisalat in suffering big losses on the subcontinent. The ongoing trou


UK court orders Saad to pay ADCB $33.1m

A British court has ordered a division of Saudi-based Saad Group, to pay a fine of $33.1 million to Abu Dhabi Commercial Bank (ADCB) for defaulting on a currency-exchange deal, said a report. Saad Group, the Saudi conglomerate owned by Maa

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