Sunday 26 May 2013
 
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US Court approves Arcapita Chap 11 disclosure statement

  Bahrain-based Arcapita Bank said the US Court has approved the Disclosure Statement for the amended chapter 11 plan of reorganization of the investment bank and its debtor affiliates.

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Wimbledon prize money increases by 40pc

Wimbledon announced a 40 percent increase in prize money for this year's championships on Tuesday, making it the most lucrative tournament in tennis. The winners of the men's and women's singles will pocket 1.6 million

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Dhofar gets $68m after ruling overturned

Oman's Primary Court has returned RO26.1 million ($67.8 million) to Bank Dhofar, the Sultanate's second-largest lender by market value, after an appeals court overturned a 2011 ruling against it, the bank said on Monday. B

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Egypt court throws poll timetable into confusion

  An Egyptian court threw the timetable for parliamentary elections due to start in April into confusion on Wednesday, ordering the cancellation of President Mohamed Mursi's decree calling the vote.  

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Pakistan court orders arrest of prime minister

  Pakistan's Supreme Court has ordered the arrest of the prime minister in connection with a corruption case linked to power projects, television channels reported.   The order to arrest

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India rape accused says police tortured him

One of the five men charged with the gang rape and murder of an Indian student said police tortured him in custody and he and at least three of his co-defendants say they are innocent, lawyers said on Thursday. The five accused ar

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Bahrain upholds sentences of 13 coup plotters

Bahrain's highest court yesterday upheld the sentences of 13 men convicted of being part of a foreign-backed coup, a report said. They were among 21 opposition figures found guilty of espionage, trying to forcibly overthrow th

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Court to rule on legality of Egypt parliament

Egypt's highest court is to examine the legitimacy of the upper house of parliament, a case likely to increase the legal uncertainty of the country's political transition and leave it without a legislature. The Supreme Con

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Top Egypt court shuts down, blames Islamist protesters

Protests by Islamists allied to President Mohamed Mursi forced Egypt's highest court to adjourn its work indefinitely on Sunday, intensifying a conflict between some of the country's top judges and the head of state. The S

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Next stop for Palestinians could be global courts

  The UN General Assembly's overwhelming vote to recognise Palestine as a non-member state offers little prospect for greater clout in world politics but it could make a difference in the international courts. &n

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