No matching items found
SHOWING Results
Dubai Civil Court of Appeal upheld the bankruptcy of a merchant and appointed an expert to liquidate his assets and settle his obligations to creditors. The decision came after...
Mohammed Yaseen, Staff Reporter The Dubai Court declared the insolvency of a debtor who defaulted on his debts amounting to Dhs183 million and ordered the preservation of all his...
State-owned Air Vanuatu scrapped international flights on Thursday as the Pacific island's government considered launching an insolvency procedure. Air Vanuatu is one of the few airlines servicing the South...
Trouble began for the second largest Chinese real estate company, China Evergrande in 2021 when it defaulted on its payments, but survived because of the short duration in spurt in...
Gulf Today Report Moody's said that the impact of the bankruptcies of Signature and Silicon Valley banks in the United States is likely to be limited for most of...
SVB Financial Group said on Friday it filed for a court-supervised reorganization under Chapter 11 bankruptcy protection to seek buyers for its assets, days after its former unit Silicon Valley...
The anger of the people of this island-nation has been simmering for weeks. The people had reason to be angry. The country has run out of fuel, and Prime Minister...
The UAE Cabinet, under the chairmanship of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President, Prime Minister of the UAE and Ruler of Dubai, has approved amendments...
It is sad that the COVID-19 pandemic has battered the air transport sector, landing it in huge turbulence, grounding planes, resulting in layoffs, bankruptcies and rescue plans. AFP news agency...
Latin America's largest airline LATAM filed for bankruptcy in the US on Tuesday, the company said in a statement, following a drastic slump in business caused by the coronavirus...
