Quotes: US 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

 






  MENA News Headlines
 Jul 29 2014 - New additions to Local Harvest brand of datesKhaleej Times
(MENAFN - Khaleej Times) E dates come from farmers who have contracts with ADFSC and therefore practise date palm farming according to the centres standards.For the next three weeks the Abu Dhabi ...

 Jul 29 2014 - PayTabs to launch online solutions in Bahrain, SaudiMENAFN
(MENAFN) PayTabs, a payment processing solution company co-owned by Saudi Aramco, is set to launch its online payment processing solutions in Bahrain and Saudi Arabia, Gulf Daily News reported.The ...

 Jul 29 2014 - Mobily signs LTE-4G roaming deal with BatelcoMENAFN
(MENAFN) Mobily telecom has signed an LTE-4G roaming deal with Bahrini Batelco to provide customers with advanced Internet services, Arab News reported.This agreement coincides with Eid Al-Fitr ...

 Jul 29 2014 - Pakistan's film industry becomes alive againArab News
(MENAFN - Arab News) HORE: A breed of brand new independent filmmakers is successfully filling the void left by an obsolete industry known as Lollywood.In many ways 2013 was an era-defining year for ...

 Jul 29 2014 - Pak-British singer faces death threats over Gaza supportArab News
(MENAFN - Arab News) NDON: Zayn Malik probably wasn't expecting the barrage of abuse he received from followers after he pledged his support for the #FreePalestine social media campaign The ...

 Jul 29 2014 - Working in India was 'a good experience'Arab News
(MENAFN - Arab News) MBAI: Pakistani actor Fawad Khan's experience of working in India was very good and he credits his Indian co-star Sonam Kapoor for it reported Oneindia Entertainment.'She is a ...

 Jul 29 2014 - 'Lucy' tops 'Hercules' with 44m at box officeArab News
(MENAFN - Arab News) S ANGELES: Luc Besson's 'Lucy" proved mind can overpower muscle topping a remake of 'Hercules" by director Brett Ratner at the box office on the weekend.The Universal ...

 Jul 29 2014 - Lakers insist no deal reached yet with ScottArab News
(MENAFN - Arab News) S ANGELES: Byron Scott said in a television interview that he is the new coach of the Los Angeles Lakers but the team insisted that an agreement has not yet been reached.ESPN ...

 Jul 29 2014 - It's 'Jeff Gordon Day' at Indy for record 5th timeArab News
(MENAFN - Arab News) DIANAPOLIS: With a fifth Brickyard 400 victory on the line Sunday Jeff Gordon looked like the driver he was 20 years ago.Gordon nailed the final restart of the race no given ...

 Jul 29 2014 - Ali's risks disciplinary action for Gaza wristbandsArab News
(MENAFN - Arab News) UTHAMPTON: England cricketer Moeen Ali risked disciplinary action after the International Cricket Council (ICC) said Monday they were 'investigating" his decision to wear ...

more...


 






Google

 
 

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

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

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
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

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


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help