Al-Fahim under pressure on all fronts
Issue 872
- 05 Mar 2010
| 2 minute read
Former head of Abu Dhabi’s Hydra Properties Sulaiman Al-Fahim has provided the western media with a bounty of stories over the past two years, but has been in even deeper trouble back home. In December, a Dubai court issued an irrevocable ruling against Al-Fahim and other defendants and ordered them to pay more than Dh8m ($2.1m) plus interest to an Azeri businessman over a property dispute – in another case that has highlighted the pitfalls of doing business in a region where transparency has its limits.
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