Tuesday 16 April 2024
 
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NBQ wins delay in $250m Global case

National Bank of Umm Al Qaiwain (NBQ), a bank in the UAE, said on Wednesday it had won a delay in a $250 million judgement against it in a case involving Kuwaiti group Global Investment House. The sum was placed with NBQ in August 2008 as

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Court halts $250m UAE bank payment to Global

National Bank of Umm Al Qaiwain (NBQ) said a Dubai court has halted a decision asking the Abu Dhabi-listed lender to pay $250 million to Kuwait's Global Investment House pending a September hearing.    In April, Global won

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