Court rules in favour of Kuwait’s Gulf Bank

 

REUTERS

Kuwait’s Gulf Bank said a court ruled in favour of the lender in a 55.3 million dinar (US$182.99 million) dispute with The Cube Group to auction assets, according to a bourse filing.
This is to go towards covering part of its debt to the lender, Gulf Bank said in the statement. The court ruling is final, the statement added.

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