Batelco bids to recoup $185m from India partnerBatelco 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 More… |
UK court orders Saad to pay ADCB $33.1mA 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 More… |