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.
The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.