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Logo of Tihama Advertising and Public Relations Co.
Tihama Advertising and Public Relations Co. said that Nasser bin Saleh Al Sarami filed an appeal today, Dec. 19, against the ruling issued in its favor, according to a bourse filing.
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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