Tihama says Dubai Appeal Court affirms favorable verdict in UAE affiliate case

20/02/2022 Argaam

Logo of Tihama Advertising and Public Relations Co.


Tihama Advertising and Public Relations Co. said that it received, on Feb. 18, a letter from Dubai Court of Appeal rejecting the appeal submitted by Nasser bin Saleh Al Sarami against the company regarding its UAE affiliate, Tihama Global Co., case.

 

Meanwhile, the court affirmed a previously issued favorable judgment for Tihama.

 

Any material developments in this regard will be disclosed, the company added in a bourse filing.

 

On Dec. 19, 2021, Nasser bin Saleh Al Sarami filed an appeal against the ruling issued in Tihama’s favor, according to data compiled by Argaam.

 

The Dubai Courts of First Instance issued a preliminary ruling on Nov. 16, ordering Al Sarami to pay AED 3.83 million to Tihama, in addition to the legal interest of 5% from the date of the legal claim until full payment.

 

The ruling also ordered Kanaen General Trading Co. to pay AED 1.22 million to Tihama, in addition to 5% legal interest from the date of legal claim until full payment.

 

In addition, each defendant was ordered to pay their application fees and AED 500 in attorneys’ fees.

 

Tihama had filed a lawsuit against Al Sarami to get compensation for the damages he caused while managing its associate, Tihama Global Co. in Dubai in his capacity as General Manager and board member of Tihama Global.

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