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UAE shields war-hit businesses from bankruptcy

Courts can also allow existing management to remain in control, permit companies to continue paying staff and approve new funding while restructuring talks are underway

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By

Omnia Al Desoukie

August 10, 2026

The UAE has activated emergency bankruptcy protections for businesses whose financial distress can be directly linked to the Iran war, temporarily shielding them from creditor-led insolvency proceedings and giving them more time to restructure.

The measures apply...