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Author name: gulftoday

Dubai Court declares manager insolvent over Dhs7.3 million debt

date Feb 26, 2026

the civil court in Dubai declared an arab manager insolvent. he was unable to pay Dhs7,319,000 to two banking institutions. this was due to joint guarantees he signed as the manager of a contracting company which faced financial difficulties.

Source: gulftoday.ae

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