Arabic newspaper sued for Dh200m

A pan-Arab satellite television's CEO recently filed the highest libel claim of Dh200 million against an Arabic newspaper, which was examined by the Civil Court yesterday.
The Dubai-based newspaper was accused of allegedly defaming the Canadian media executive's reputation; and was sued for Dh200 million. 

The CEO specified that an article published by the daily had tarnished his reputation, as it said that he had molested an Egyptian lawyer. 

DBG initiates legal proceedings against Shuaa Capital

It was revealed by Dubai Banking Group (DBG) on Tuesday that in order to recover the capital it invested in a $409 million bond that Shuaa redeemed by issuing shares, it has initiated legal proceedings against Shuaa Capital.

However, the investment bank Shuaa Capital said that it does not accept the claim that any amounts are due to DBG since it has already exercised its contractual option to redeem the bonds by issuing 250 million new shares.

Dubai former minister not found guilty of fraud

Thursday saw a former Dubai Minister being declared innocent by an appeal court in the Gulf Arab emirate of Dubai of defrauding a Lebanese businesswoman, thus freeing him from a two-year sentence passed by a lower court.

Former minister Khalifa Bakhit al-Falasi and two managers at a technology company were freed from all charges by the court, said a ruling issued by the court.

As per the media reports, the three were sentenced to two years in jail in April for deceiving the businesswoman and taking over her late brother's stake in the firm.

UAE ex-minister says he’s innocent

Yesterday at a hearing in Dubai, Mohammed bin Kharbash, a former finance minister of the United Arab Emirates, pleaded not guilty to charges of embezzlement.

In the month of April, Mr. Kharbash, former chairman of property developer Deyaar, was charged by the public prosecution. He was accused to have connection with an alleged embezzlement at Deyaar, the property unit of Dubai Islamic Bank.

Furthermore, a well known UAE local Zach Shahin has also been blamed for helping the former Deyaar chief executive to seize company money.

First female judge appointed in UAE

First female judge appointed in UAEOn Tuesday, Khulood Ahmed Jawan Al Dhaheri, became the first woman to be appointed as judge in the Unites Arab Emirates (UAE).

The minister of presidential affairs and chairman of the judiciary department of Abu Dhabi, Sheikh Mansour bin Zayed Al Nahyan was present before Dhaheri when she took the oath.

Dubai court to pass verdict against having sex on beach

Dubai court to pass verdict against having sex on beachA verdict in the trial of the British couple, who were accused of having sex at the beach, will be passed by the next week, say the Dubai court documents.

The reports further state that verdict which was initially to be passed on Tuesday has now been postponed till 16th October.