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Monday, October 19, 2026

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Dubai court declares man insolvent as his loan installments exceed total salary

Dubai Civil Court declared the insolvency of a Gulf citizen, who had accumulated bank debts of Dhs1.029 million in favor of three banks, after the insolvency trustee’s report proved that he did not possess funds or properties that could be used to pay off the…

This article was originally aggregated from the source listed below.

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