Monday 21, May 2012 by Isla MacFarlane

Global wins appeal over NBQ for $250 million

Global Investment House (Global) has announced that the Honorable Court of Appeal of the Emirate of Dubai passed its verdict in the case reverted to the Court of Appeal by the Dubai Court of Cassation, in connection with the appeal submitted by the National Bank of Umm Al Qaiwain in relation to the Court of Appeal's ruling in favour of Global for the recovery of $250 million plus accrued interest and fees.

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