Limitless, a property developer owned by Dubai World, has dropped court claims against one of its top executives for Dh9.46 million (US$2.5m) that was allegedly owed to the company.
Topic UAE Dubai World
The developer had sought to sue Abdulla Al Janahi, the executive director of corporate operations at Limitless, for alleged partial payment on an apartment block on land previously awarded to him as a bonus in 2004.
Limitless had claimed it was owed money for construction costs of the building on the plot of land, but yesterday dropped the claim against Mr Al Janahi.
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