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Kuwait sheikh sues UBS for $21.4 mln in Dubai court

 A Kuwaiti sheikh is suing UBS AG for $21.4 million, alleging the Swiss bank failed to pay him for helping it become lead arranger on a $9 billion asset sale by the Kuwaiti telecommunications operator Zain, a Dubai court heard on Sunday. The case highlights the complexity of doing business…

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Click here to read the full story: Reuters

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