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NBQ Says Deposited Money With Dubai Courts After Global Ruling

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Aug. 23 (Bloomberg) -- National Bank of Umm Al-Qaiwain said it deposited money with the Dubai Courts after a ruling that asked the bank to return $250 million with interest and expenses to Global Investment House KSCC. The bank made the announcement in a statement to the Abu Dhabi bourse today.

Link to Company News:{GLOBAL KK <Equity> CN <GO>} Link to Company News:{NBQ UH <Equity> CN <GO>} Link to Company News:{GIH KK <Equity> CN <GO>}

To contact the editor responsible for this story: Shaji Mathew at shajimathew@bloomberg.net