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20 April 2024

Gulfinvest defaults on Dh200m loan

Gulfinvest defaults on Dh200m loan. (REUTERS)

Published
By Staff Writer

Kuwaiti investment company Gulfinvest International said it has defaulted on a Dh200 million loan to Abu Dhabi Commercial Bank, and its guarantor is in talks to restructure it. The loan and its interest were due end of March.