Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Kuwait- Court Orders Bank To Return Interest Taken On Loan  Join our daily free Newsletter

MENAFN - Arab Times - 25/01/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Arab Times) The Labor Division of the Court of Appeals presided over by Judge Bader Al- Saraawi ordered a local bank to refund the interest on a loan taken by a female employee of the bank, paying annual interest of 5 percent for the loan of KD 26,000. Through this verdict, the court overturned the ruling of the Court of First Instance, which had dismissed the case. Counsel to the plaintiff Lawyer Ahmad Awda Al-Dousari disclosed that his client has been working with the bank on a monthly salary of KD 1,500 until end of service



She demanded for her rights from the bank but the bank refused to comply, which left her no option but to approach the court for justice. He explained that the report of the expert in charge of assessing his client's rights, which the previous verdict was based on, was invalid because the expert did not consider his client's right for the refund of the loan interests and indemnity along with other benefits. He stressed that the court failed to apply the Constitution due to this error



Meanwhile, the Criminal Court adjourned until April 29 the hearing on a case filed against several citizens, including former MPs, who repeated the statement of ex-MP Musallam Al-Barrak when he delivered a speech in the seminar entitled, 'Stop Frivolity'. This is the second batch of people accused of repeating the statement of Al-Barrak. The court decided to postpone the hearing in order to summon the officer in charge of the case to listen to his testimony. Case files indicate the Public Prosecution referred five cases to the court. The total number of those involved in these cases is 67; among them are members of the majority bloc in the nullified legislature, columnists, journalists, political activists and a Kuwaiti woman

 


Arab Times




  MENA News Headlines
 Jul 1 2015 - Ban Ki-Moon Appeals for Implementing Geneva Communique on SyriaQatar News Agency
(MENAFN - QNA) Secretary-General of the United Nations Ban Ki-moon has called on to put an end to the suffering of the Syrian people and to find an exit from this madness. In a statement read by a ...

 Jul 1 2015 - UN: 137,000 Flee Across Mediterranean in First Half YearQatar News Agency
(MENAFN - QNA) Some 137,000 fled across the Mediterranean to Europe in the first half of the year, nearly double the amount seen in the same period last year, the UN Refugee Agency (UNHCR) said ...

 Jul 1 2015 - Lebanese Army Kills Five Nusra Gunmen in Arsal OutskirtsQatar News Agency
(MENAFN - QNA) The Lebanese Army killed five militants in northeastern border town of Arsal, while they were attempting to sneak between Arsal and its outskirts, the Army said in a statement ...

 Jul 1 2015 - Jordan- Cooking gas cylinders' price reduced, gasoline's price unchangedJordan News Agency
(MENAFN - Jordan News Agency) Cooking gas cylinders' price will be reduced, while fuel prices will remain unchanged through the month of July, Minister of Industry, Trade and Supply, Maha Ali, ...

 Jul 1 2015 - US to Remove Ban on Security Aid to BahrainJordan News Agency
(MENAFN - Jordan News Agency) The United States lifted its ban on sending security aid to the government of Bahrain due to progress on human rights issues, US State Department spokesperson John Kirby ...

 Jul 1 2015 - Obama offers help to TunisiaJordan News Agency
(MENAFN - Jordan News Agency) US President Barack Obama offered condolences to Tunisian leader Beji Caid Essebsi Monday, after the militant attack that killed 38 people and left the future of the ...

 Jul 1 2015 - Jordan - Moderate weather forecast until FridayJordan News Agency
(MENAFN - Jordan News Agency) The weather will be moderate on Wednesday in the hilly areas, relatively hot in the Badia, and hot in the Jordan Valley and Aqaba, with northwesterly moderate ...

 Jul 1 2015 - Jordan- The Amman Stock Exchange starts trading on higher noteJordan News Agency
(MENAFN - Jordan News Agency) The Amman Stock Exchange (ASE) opened trading on Wednesday with a rise to 2117 points compared to 2115 points of last session closure, according to market sources.The ...

 Jul 1 2015 - Israeli forces move into Deir al-BalahJordan News Agency
(MENAFN - Jordan News Agency) Israeli occupation forces on Wednesday morning made an incursion into east of Deir al-Balah in the central of the Gaza Strip.Palestinian sources said that Israeli ...

 Jul 1 2015 - Jordan- Exports from Zarqa reach JD30 million in MayJordan News Agency
(MENAFN - Jordan News Agency) The value of commodities re-exported with a certificate of origin from the Zarqa Chamber of Commerce and the chamber's office at the Free Zone in Zarqa, reached JD30 ...

more...


 






Google

Click to Apply

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help