Saturday 23 November 2024
 
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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

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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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