image description
image description
Tell A Friend

Archives


  • 16-10-21

    Nissan Motor Co. Ltd., Nissan Middle East to pay in excess of USD354M to Al Dahana

    (MENAFN)According to Al Dahana, Nissan Motor Co. Ltd. and Nissan Middle East have been informed to pay in surplus of 1.3 billion dirhams (USD354 million) including interest, to Al Dahana FZCO, in the case filed by the latter back in 2019.

    The case wanted recompense for damages suffered because of the opening of contract allegedly committed by Japanese automaker Nissan, its subsidiary Nissan Middle East and two appointed directors, after the detention of former Nissan Chairman Carlos Ghosn in Tokyo.

    The statement further declared that the Dubai court issued a protective attachment order over goods and moveables, bank accounts and balances of the two companies.

    According to Bloomberg, Al Dahana is jointly owned by Saudi Arabian billionaire Khaled Juffali and Nasser Watar, and was founded in 2008 to help sponsor sales of Nissan vehicles in the Gulf region.

Follow us

RSS
Terms & Conditions  |  Privacy & Security  |  Contact Us  | Sitemap
© 2024 BBK  |  All Rights Reserved