Al Buraimi Hotel to be liquidated, dissolved

The Al Buraimi Hotel will be liquidated and dissolved as per the order of the Court of Appeal issued on July 9, the company issued in a statement.

It may be noted that the Capital Market Authority had filed a lawsuit against the Buraimi Hotel, which demanded the dissolution and liquidation of the company.

The publicly listed Al Buraimi Hotel was established in 1990.

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