<div class=newsTextDataWrapInner>KUALA LUMPUR (Oct 21): Construction outfit Ahmad Zaki Resources Bhd (AZRB) said it has received a notice of arbitration from its sub-contractor Cobrain Holdings Sdn Bhd, which is seeking a full payment of the final claim totalling SAR14.37 million (RM12.46 million), arbitration cost and other reliefs for a project in Riyadh, Saudi Arabia.</div>

<div class=newsTextDataWrapInner>AZRB said it has consulted its solicitors, who will defend the case on its behalf.</div>

<div class=newsTextDataWrapInner>To recap, AZRB had appointed Cobrain to undertake the sub-contract work to supply, install, testing and commissioning of electrical high tension, low voltage and structure cabling services for the construction of phase 1 and phase 2 of the Al-Faisal University’s campus in Riyadh.</div><div class=inPageAd id=div-gpt-ad-inpage></div>

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KUALA LUMPUR (Oct 21): Construction outfit Ahmad Zaki Resources Bhd (AZRB) said it has received a notice of arbitration from its sub-contractor Cobrain Holdings Sdn Bhd, which is seeking a full payment of the final claim totalling SAR14.37 million (RM12.46 million), arbitration cost and other rel...

Ahmad Zaki served with RM12.46 mil arbitration notice

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Berjaya Corp&nbsp;Bhd (BCorp) has denied that its founder Tan Sri&nbsp;Vincent Tan Chee Yioun participated in talks to revive a US$100 billion (RM477.60 billion)&nbsp;Forest City casino resort as reported recently.

Former president Donald Trump’s economic advisers are considering ways to actively stop nations from shifting away from using the dollar — an effort to counter budding moves among key emerging markets to reduce exposure to the US currency, according to people familiar with the matter.

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European and American investors showed converse interest in sustainable funds during the first quarter, research firm Morningstar said on Thursday, with a record US$8.8 billion (RM42.03 billion) in net withdrawals from the products in the US.

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The world’s 3,000 billionaires should pay a minimum 2% tax on their fast-growing wealth to raise £250 billion (RM1.28 trillion) a year for the global fight against poverty, inequality and global heating, ministers from four leading economies have suggested.

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Alphabet announced its first-ever dividend on Thursday and a US$70 billion (RM334.43 billion) stock buyback, cheering investors who sent the stock surging nearly 16% after the bell.

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