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America’s economy blues in the spotlight

05 Sep 2026

There are very many paradoxes about the largest economy with the highest GDP in the world, and which also bears the burden of the largest national debt. That is,...

Bond selloff deepens as oil prices and public debt fears jolt markets

03 Sep 2026

Bond prices continued to slide in Asia and Europe on Wednesday, pushing borrowing costs to multi-decade highs as the Middle East conflict drives up energy prices and layers concerns...

Abu Dhabi court orders woman to pay Dhs 225,000 borrowed from man

02 Sep 2026

Abu Dhabi Family, Civil and Administrative Cases Court ordered a woman to pay Dhs225,000 and fined her Dhs10,000 as compensation to a man who had filed a lawsuit against...

Pay only Dhs489,000 not full loan, Dubai court tells debtor after a dispute over amount claimed by creditor

26 Aug 2026

An Arab national borrowed Dhs1.5 million from another, then the creditor transferred his right to the amount to a third man who demanded full payment from the debtor, however,...

World could face biggest credit crunch in history

23 Aug 2026

There’s nothing magic about the $40 trillion number,” says US Treasury secretary Scott Bessent. He is right about that — in the sense that an American national debt of,...

Dubai court declares man insolvent after he fails to pay Dhs4.2 million debt

09 Aug 2026

Dubai Civil Court declared the insolvency of a Gulf national, after it was proved that he failed to pay his debt, which was estimated at an amount exceeding Dhs4.2...

Housing loan, family expenses leave man unable to pay Dhs4.37m, court declares him insolvent

09 Jun 2026

The Civil Court in Dubai declared a Gulf national insolvent after it was proved that he was unable to pay outstanding debts to three creditors including banks and individuals,...

Dubai court orders woman to repay Dhs100,000 loan to company

29 May 2026

Dubai Civil Court of First Instance ordered a woman to pay Dhs100,000 to a company, along with 5% legal interest from the date of the judicial claim until full...

Dubai court orders man to repay Dhs655,000 loan with interest

15 May 2026

An Arab borrowed Dhs655,000 from another under a signed acknowledgment of debt, but he refused to return the amount on the agreed date, which prompted the lender to file...

Dubai Court declares manager insolvent over Dhs7.3 million debt

25 Feb 2026

The Civil Court in Dubai declared an Arab manager insolvent after it was proved that he was unable to pay Dhs7,319,000 to two banking institutions. This was due to...

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