IHC and Mohamed Alabbar Eye Acquisition of Debt-Laden UAE Food Giant IFFCO Amid $2 Billion Restructuring

Major UAE consumer goods Founded in 1975, IFFCO has grown into one of the region’s largest food and consumer products manufacturers, with operations spanning approximately 50 countries. The company owns brands including London Dairy and operates across multiple sectors, including edible oils, food ingredients, consumer foods, packaging, chemicals and logistics. According to company information, IFFCO…

“Cha Ga-won, Repay MC Mong’s 100 billion won gambling debt.. Total spent amount reaches 300 billion won” (‘PD Notebook’)

*This content was translated by AI. /Photo=MBC ‘PD Notebook’ The uncle of Cha Ga-won, CEO of real estate service company PIAK Group, exposed allegations of gambling involving Cha Ga-won and singer MC Mong. The episode titled “MC Mong and the Chairman’s K-pop Trade Secrets,” aired on MBC’s ‘PD Notebook’ on the 2nd, investigated the exclusive…

Leading Labels to close all 15 stores after entering liquidation

Leading Labels, founded in 1993, is a long-running clothing retailer that draws shoppers with major brands at outlet prices. It stocks discounted fashion items from big-name brands, including Calvin Klein, Wrangler, and Joules. Leading Labels falls into liquidation But now, Leading Labels is closing down after falling into liquidation. Jeremy Bleazard of XL Business Solutions…