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Arab Bank profit plunges on US lawsuit paymentsJordan's largest lender, Arab Bank Group, said on Saturday its 2015 net profits fell to $442 million, from $577 million a year earlier, after putting aside hundreds of millions to cover a legal settlement in the US. Arab Bank More… |
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Agility pleads not guilty to US fraud chargesKuwaiti logistics firm Agility pleaded not guilty to charges it defrauded the US government over multibillion-dollar supply contracts during the war in Iraq, a senior company official said. The case is politically sensitive in Washingt More… |
