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    Abu Dhabi Court rejects lawsuit for lack of evidence to substantiate the debt

    Abu Dhabi Court rejects lawsuit for lack of evidence to substantiate the debt

    20 Apr 2025

    The Abu Dhabi Family, Civil and Administrative Cases Court dismissed a lawsuit filed by a man against another in which he demanded him to return Dhs780,000, which he allegedly...

    Berlin debt splurge affects German property firms

    Berlin debt splurge affects German property firms

    20 Mar 2025

    Berlin’s borrow-to-spend splurge is driving up borrowing costs, further choking embattled property companies seeking fresh loans and threatening to compound the country’s wider economic woes. A property crisis in...

    Many African nations facing ‘debt distress’

    Many African nations facing ‘debt distress’

    27 Feb 2025

    African leaders’ push to mobilise domestic sources of cash to help fund billions in sovereign borrowing will face slow progress until low savings rates rise and African investors step...

    Sharjah Judicial council cancels jailing of debtors

    Sharjah Judicial council cancels jailing of debtors

    19 Feb 2025

    Gulf Today, Staff Reporter Sheikh Sultan Bin Ahmed Bin Sultan Al Qasimi, Deputy Ruler of Sharjah and Chairman of the Judicial Council, chaired the Council's meeting on Wednesday, which...

    Sub-Saharan Africa: From poverty-trap to debt-trap

    Sub-Saharan Africa: From poverty-trap to debt-trap

    02 Aug 2024

    Africa in general, and sub-Saharan Africa in particular, are caught in an economic vortex of poverty and debt. There is a strange and ironic connection between debt and poverty....

    Court obligates man to return Dhs700,000 to a woman in Abu Dhabi

    Court obligates man to return Dhs700,000 to a woman in Abu Dhabi

    18 Nov 2023

    Abdulrahman Saeed, Staff Reporter Abu Dhabi Family, Civil and Administrative Cases Court obligated a man to pay Dhs700,000 to a woman and fined him Dhs50,000 for refusing to return...

    Over Dhs1 billion allocated to settle citizens’ debts in Sharjah

    Over Dhs1 billion allocated to settle citizens’ debts in Sharjah

    30 Oct 2023

    Gulf Today, Staff Reporter Following the guidance of His Highness Dr Sheikh Sultan Bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, the Debts Settlement Committee for Sharjah...

    Sri Lanka president urges debt relief to help green transition

    Sri Lanka president urges debt relief to help green transition

    18 Oct 2023

    Sri Lanka's president on Wednesday said debt relief for low-income countries should be part of the green transition and inaction on debt could pose an existential threat to China's...

    Debt trap

    Debt trap

    10 Oct 2023

    Debt trap

    Dubai reduces public debt by Dhs29 billion

    Dubai reduces public debt by Dhs29 billion

    26 Sep 2023

    Gulf Today, Staff Reporter The Public Debt Management Office (PDMO) of the Government of Dubai's Department of Finance (DOF) announced a reduction of approximately Dhs29 billion in Dubai's public...

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