Category Archives: Dubai

Citizens’ Debt Settlement Fund Pays to Settle Debts of Citizens in UAE

President His Highness Sheikh Khalifa bin Zayed Al Nahyan of the United Arab Emirates has just announced a national $2,722,600,000 fund for low-income debtors to use to settle their debts with a number of UAE and Dubai lenders. This fund will allow people to be able to settle their debts rather than face prosecution and [...]

Debt Problems in Dubai UAE Get Better and Worse for Consumers

I happen to have written quite a bit about debt problems in Dubai. It originally caught my eye because it’s one of the only places I am aware of where people have no access to bankruptcy and face actual extended jail time for unpaid bills. You can see the past Dubai and UAE stories here. [...]

Bouncing a Check Can Put You Behind Bars For Years in Dubai

A recent New York Times article on the perils faced by debtors in Dubai, United Arab Emirates. More needs to be written about the impossible situation in Dubai when it comes to resolving debts faced by even your average person. I certainly have answered my share of debtor questions from people worried about their Dubai [...]