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Four suspected members of al-Qaeda in Iraq were arrested in a security ope... - Al-Qaeda's 'second-in-command' in Ninawa arrested
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Dubai bank faces legal challenge in Bahrain
The Dubai Islamic Bank is facing charges of fraud in a Bahraini court after four businessmen filed suit, news media reported Thursday (June 3rd).
The bank countered by filing suit in Dubai and charging the defendants with wrongfully securing a loan against their asset, the Dubai-based property developer Plantation Holdings. The lawsuit is worth more than $500 million.
A Bahraini judge is scheduled to rule on June 14th.
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