IPT Energy expands operations in Sharjah with over $10 8mln in UAE energy sector zawya.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zawya.com Daily Mail and Mail on Sunday newspapers.
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In January this year, Crédit Agricole lost a bid before the Singapore International Commercial Court to claw back US$23.6mn it paid to energy trader PPT under a letter of credit (LC) applied for by since-collapsed commodities trader ZenRock. The French lender argued that it should not have to honour the LC because it had been .