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Bahrain’s GFH receives $2.5m as legal settlement from Prescott Energy

Bahrain-based investment bank Gulf Finance House has received $2.5m in cash as the legal settlement in a case filed against Prescott Energy and its affiliates. The case was filed in 2013 against Prescott Energy and its affiliates regarding its investment in Prescott Oil Fund. The Bahrain Chamber for Dispute Resolution…

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