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Viceroy Palm Jumeirah wins favourable DIFC rulingDubai International Financial Centre Courts (DIFC Courts) has issued a court order prohibiting the owner of the Viceroy Palm Jumeirah Dubai hotel from taking any further actions to prevent Viceroy Hotels and Resorts from exercising its exclusi More… |
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Oman fund set to seek ruling over Bulgarian bank collapseOman's biggest sovereign wealth fund is set to seek an arbitration ruling against Bulgaria over the collapse of Corporate Commercial Bank (Corpbank), a source familiar with the situation told Reuters. Oman's State General More… |
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US judge upholds BP 'gross negligence' rulingA judge weighing how much BP should be punished over the 2010 Gulf of Mexico oil spill on Thursday refused to overturn his own finding that the oil company's conduct was "grossly negligent." The decision by US Distri More… |
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Lost money in mis-sold deals? Hope at last!Anyone in Bahrain who has ever lost money on an investment product that had not been pre-approved by the Central Bank of Bahrain (CBB) could now be able to claim it following a landmark ruling by the High Civil Court. More… |
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Alkhair wins key ruling against ex-CEOThe Bahrain Chamber of Dispute Resolution (BCDR) has issued a verdict in favour of Bank Alkahir against its former chief executive officer Majed Al-Refai and has also asked him to repay a $2 million loan he had taken during his tenure in More… |
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Abu Dhabi ruling boosts real estate marketAbu Dhabi’s real estate sector has posted solid growth in the first half, thanks to the government requirement for public sector staff to reside in the emirate and the Dh330 billion ($90 billion) investment over the next five years, said a More… |
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NYPD's stop-and-frisk practice 'unconstitutional'A US judge ruled on Monday the New York Police Department's "stop-and-frisk" crime-fighting tactic was unconstitutional, dealing a stinging rebuke to Mayor Michael Bloomberg, who vowed to appeal the ruling. More… |
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Egypt drags its feet in privatisation tussleA thorny legal issue facing Egypt's government was laid bare last month when Prime Minister Hisham Kandil was given a suspended jail sentence for failing to implement a court ruling to renationalise a textile More… |
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Kuwait ruling may threaten economic recoveryA ruling by Kuwait's top court next month could end a period of relative political stability, jeopardising government plans to push ahead with long-delayed economic projects. More… |
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Bahrain's top court upholds sentencesBahrain's highest court upheld sentences against 13 leaders of a 2011 uprising on Monday, a defence lawyer said. Bahrain has seen political unrest since February 2011. More… |
