Photographer: Chris Ratcliffe/Bloomberg

U.A.E.’s Planned Bankruptcy Law to Apply Only to Companies

  • Law to set up regulatory body for financial restructuring
  • U.A.E. is planning an insolvency law for individuals

The United Arab Emirates’ long-awaited bankruptcy law will only cover businesses, a senior official said, while individuals will have to wait for legislation that deals with insolvency.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.