Hedge Funds & Alternative Investments
Legal
Uncategorized
Dubai’s Atlas Jewellery still struggling to resolve debt issues
Three banks are blocking a deal aimed at resolving the close to Dhs500m ($136.1m) debt troubles of Dubai-based Atlas Jewellery, banking sources said. Atlas, which once had more than 50 retail branches across the Gulf and India, defaulted on loans in 2015 and its owner, M M Ramachandran, was sentenced…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: Gulf Business