Sunday 30, October 2016 by William Mullally

An individual bankruptcy law for UAE 'suicidal' without home country agreement, says UBF

Following on the heels of an announcement that the UAE will implement a commercial bankruptcy law, H.E. AbdulAziz Al Ghurair, Chairman of The UAE Banks Federation dampened hopes for the imminency of a potential individual bankruptcy law, saying that a possible law would be “suicidal for the UAE” if there is not an agreement with the ex patriate’s home countries.

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