DUBAI / GULF TIME Binghatti, one of the UAE’s fastest-growing leading property developers, has officially ...
Read More »Hertz seeks bankruptcy loan
Bloomberg Hertz Global Holdings Inc. is seeking debtor-in-possession financing more than two months after filing for Chapter 11 protection, reflecting the reality that it still faces trouble ahead if travel doesn’t bounce back. The bankrupt rental-car giant said it is looking for new sources of cash with the travel business in a deep slump and proceeds from the sale of ...
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