Souq.com expects to double its sales during this year’s annual event, compared with its 2014 editionNovember 25, 2015 9:59
Gulf News will not pay damages in libel suit
Dubai-based daily Gulf News is snubbing a UK High Court's ruling to pay GBP1 million ($1.64 million) in damages to British property developer...
July 27, 2009 11:18 by Dana El Baltaji
Dubai-based daily Gulf News is snubbing a UK High Court’s ruling to pay GBP1 million ($1.64 million) in damages to British property developer Mark Emlick in a libel suit, according to Maktoob Business.
Emlick accused Gulf News of claiming he absconded with buyers’ money after a property deal in the UAE fell through in an article published in April 2008. The paper also stated that UAE and UK investors were looking for Emlick and his business partner.
However, Emlick had repaid investors their money plus 5 percent interest.
The UK’s High Court ruled in Emlick’s favor and ordered the daily to pay GBP1 million in damages, including legal fees.
Gulf News, however is refusing to pay up. “We will not be paying it,” Abdul Hamid Hamad, editor-in-chief, told Maktoob Business.
“We are not going to appeal. We decided from the outset that we would not defend ourselves in this case.
“We respect any court in the world, but this decision was not made in the UAE and therefore we will not honor its decisions.”
He also said that the paper offered Emlick a chance to reply to the allegations made against him.