Stay updated with breaking news from Aaronite Partners. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Dubai City Guide is a portal for vistors to Dubai, United Arab Emirates and provides latest information on accomodation, food, sightseeing, shopping, events, hotels, travel guide, gold shopping, nightlife, pubs, city information and maps
Drake & Scull International presented the Plan in tandem with Aaronite Partners, which was appointed as the expert by the Financial Re-organisation Committee made of past lenders to the company. It’s not known what the immediate options would be for Drake & Scull if trade creditors do not approve the Plan. Would it mean that the independent expert will have to come up with a reworked plan of action or something much broader? Drake & Scull’s problems came to light in 2019 after the company said it was suffering from accumulated losses of well over Dh4 billion.