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Business • 2026-05-03 14:05

Dubai Food Giant IFFCO Moves Toward Provisional Liquidation Amid $2bn Debt

Creditors have nominated FTI Consulting to protect assets as IFFCO faces a $2 billion debt load and fallout from the Iran‑related war. The provisional liquidation is intended to restructure or sell assets to satisfy creditors. The development underscores growing financial pressure on Gulf‑based food companies.

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