Summary :On 21.05.12, the Dubai Court of Appeal ruled in favour of Global Investment House (GIH), a Kuwaiti investment company represented by Al Tamimi & Company in a case which confirmed the refund of the deposit made by GIH (an amount of USD 250 million) plus interest at the rate of 9 % with effect from 3 December 2008 (the date of the legal notice given to National Bank of Umm Al Quwain to return the deposit).
