Arraj v Al-daqaq and Naami

The plaintiff, Arraj, sought judgment against the defendants, Al-daqaq and Naami, for monies owed under a loan agreement. The defendants had borrowed money from the plaintiff to fund construction projects. The loan was to be repaid within a specified period, but the defendants failed to repay the amount. Arraj brought the matter to the court seeking repayment of the full loan amount plus interest and costs.

The court had to determine whether the defendants were liable to repay the loan amount, whether the interest claimed by the plaintiff was recoverable, and if the plaintiff was entitled to costs. The court examined the terms of the loan agreement, the evidence provided by both parties, and relevant legislation concerning interest rates and costs.

The court found that the defendants had indeed borrowed the sum from the plaintiff and that the loan agreement was valid and enforceable. The court also held that the interest claimed by the plaintiff was in accordance with the agreement and applicable legislation. As a result, the court ordered the defendants to repay the full amount borrowed, plus interest and costs as stipulated in the agreement and relevant legislation.