The owner of a Dubai-based gold and jewellery retailer was sentenced to three years in prison for writing two cheques totaling AED 34 million (USD 9.26 million) that bounced.
Reuters News - 12-Nov-2015With the bail of Atlas Jewellery founder and chairman MM Ramachandran reportedly rejected, he is now considering putting up his prime asset - a successfully running hospital in Oman for sale to help repay part of the Dh550 million that he owes to banks.
Gulf News - 02-Sep-2015Access the most comprehensive database of companies and officers in the Middle East and North Africa, covering all major sectors and industries, from Refinitiv.
Refinitiv research team update company information from primary sources (company annual reports, press releases, company websites, corporate briefings, official statements/interviews) and reliable secondary sources (stock markets, reliable third party publications).
