Thursday 25 December 2014
 
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insolvency

Khoie denies insolvency, vows project completion

Khoie Properties has denied allegations of insolvency, and instead reiterated its control over Dh1 billion ($272 million) assets in land. The company also said it had Dh700 million receivables on account of its ownership of the ‘La Ho

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Most firms 'fail due to wrong strategy'

Only 16 per cent of companies fail due to economic crisis, while 54 per cent fail due to wrong strategy, according to a study by a leading management consultancy firm. The majority of all insolvencies can be traced back to questionabl

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