US businessman Zack Shahin, who has been detained in Dubai for more than four years on fraud charges, has received an offer of bail after mounting US pressure for a resolution to his case, lawyers say.
Mr Shahin, the former chief executive of government-linked developer Deyaar, has been on hunger strike for six weeks to protest his continued detention after facing several inconclusive trials since his arrest in 2008 on charges that he denies.
A judge set bail at Dh5m ($1.4m). He also demanded the retention of Mr Shahin’s passport and the submission of a UAE national’s passport as further surety against flight, according to his lawyer, Eric Akers.
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