Dubai Court declares investor insolvent for failing to repay Dhs6.2 million - Diina Dubai - Your Intuitive Insights to everything Local

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Author name: gulftoday

Dubai Court declares investor insolvent for failing to repay Dhs6.2 million

date Mar 08, 2026

the court declared an arab debtor insolvent after it was confirmed he had accumulated debts totaling Dhs6.2 million. he was determined to lack a stable source of income. the court initiated insolvency proceedings and appointed a trustee to audit the debts.

Source: gulftoday.ae

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