Exclusive: Going bankrupt in the UAE? Blame COVID-19 and seek instant relief – AMEinfo

SectorFinancial Services

Can’t pay the mounting bills that come with building a business? Are banks increasing the pressure on you to repay your loans? No worries. Blame COVID-19 and all your problems will disappear and you’ll even get a fresh injection of money to keep bankruptcy at bay and continue operations. It’s not official yet, but the bankruptcy law amendments are coming so you may want to hang on, that is if you still believe in your business model and are convinced that the coronavirus is the only obstacle standing in the way of making a killing with your company. ...read more...