Thursday 31 July 2014

India deal: Batelco seeks payment of $212m claim

Batelco Group, the Bahrain-based international telecommunications group with operations across 14 countries, has demanded full payment of the judgment debt totalling $212 million awarded by the English High Court of Justice against Chinnakannan


Bahrain's rights watchdog probes abuse claims

Bahrain's rights watchdog has registered 34 complaints in the last six months, including torture allegations and sectarian discrimination.   The National Institution for Human Rights (NIHR) has launched inves


Diplomat dismisses Bahrain's incinerator project claims

A diplomat has dismissed claims by Bahraini government officials that a French company failed to comply with environmental concerns during a project.   The Gulf Daily News (GDN), our sister publication, reported


Torture claims in Bahrain to be probed

A high-level committee has been formed to probe allegations of torture and arbitrary arrests made by an opposition group.   Al Wefaq National Islamic Society released its annual human rights report yesterday whic


Dubai court dismisses Kuwaiti sheikh's $21m claim

A Dubai court has dismissed a Kuwaiti sheikh's $21.4 million claim against UBS AG in which he alleged the Swiss bank failed to pay him for helping it become lead arranger on a $9 billion asset sale by Kuwaiti telecom operator Zain.


Limitless target of first tribunal claim

A special tribunal set up by Dubai to handle debt claims against the subsidiaries of Limitless, a Dubai World holding developer, has received its first case, a key filing that may set the tone for other potential claims. A claim was filed


Abu Dhabi fund seeks Citi deal scrapped or $4bn

The Abu Dhabi Investment Authority has filed an arbitration claim against Citigroup, accusing the US lender of misrepresentation over a $7.5 billion investment by the sovereign wealth fund, said a report. The sovereign wealth fund, conside

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