Arabian Finance Awards - An Overview

The virtual function identified and awarded disruptive innovators creating constructive and diverse transform during the economic services Area.

d. Counsel for Respondent two encouraged that he meant to cross-study every one of the witnesses proffered with the Claimant as well as the Claimant intended to cross-study Al Mulla with the merits hearing.

iv. On termination Claimant termed for your fantastic balance in the sale price by its letter of twenty third June, 2010;

Dukhan Lender has cemented its leadership within the Qatari banking sector with extensive working experience in prosperity management, a deep comprehension of nearby and regional markets, and continuous innovation in financial technologies.

GIFL has strong strategic alliances with many global custody banking institutions and leading marketplace contributors that aid Global financial commitment.

In addition, inside the payment region, GIB was also recognised with the awards as the sole bank in Bahrain ready to offer bespoke and one of a kind payments proposition, among An array of other differentiating variables supporting powerful and effective payment providers for clientele.

Kindly achieve out to the Mastering Answers representative for just about any questions over the position within your CIBE credit score rely. 

The announcement in the shortlisted entries as well as award winners will happen in the course of a glamorous awards ceremony. This grand celebration is usually a golden networking option, bringing with each other the GCC's finance sector leaders underneath just one roof.

As a result, issue towards the affirmative defences elevated with the Respondents and talked about under, it is beyond dispute that Gulf Jet was prima facie in breach of its payment obligations and dedicated an Function of Default as described beneath Every Lease as of the dates famous in subparagraphs 129 a. and b.

157. Gulf Jet experienced in correspondence elevated the allegation of overcharging by Cessna in regard of monthly payments. Though Gulf Jet asserted Those people claims while in the Dubai Court docket Proceedings, the appropriate quantity of the month to month payments is immediately in difficulty With this arbitration and The difficulty of alleged overcharging is subsumed within the resolve on the amounts properly owing from Gulf Jet so that you can work out the quantity of a deficiency, if any, following read more making use of the proceeds of sale. 158. The Claimant has relied on Report fourteen (b) (i) of every Lease as The idea for your resolve of the amount it statements it truly is entitled to Get well from Gulf Jet, and the opposite Respondents, underneath the phrases in the Leases where by the plane are actually repossessed after which you can marketed by Cessna.

Apart from the awards ceremony, there will even be a GCC Expo, which is able to provide a platform for organisations to showcase their services. With this kind of broad assortment of pursuits and options, the event claims being a one-of-a-sort knowledge that is to become found.

Gulf Finance Corporation- UAE supplies liquidity and financial debt money funding alternatives through the Emirates. The business was set up in 1997 with places of work out of Dubai. It provides a broad array of funding products and services largely to asset house owners, monetary sponsors and corporates in a very transitory condition masking direct non-lender lending, mezzanine/ sub-ordinated credit card debt and Particular circumstances demanding capital through structured debt, convertibles, and so forth.

Regardless of the prospective upheaval, Saxena thinks the latest innovations could promptly up financial institutions’ compliance applications, in which generative AI’s velocity and accuracy could include reputational publicity to concerns like revenue laundering, and so forth.

b. Underneath the guidelines of the Emirate of Dubai, exactly where a lessee is deprived from the enjoyment and benefit of the lease because of no fault of its possess, a lessee is entitled to discontinue the lease. By purpose with the financial downturn in Dubai, it grew to become unattainable for Respondent one to get pleasure from the good thing about the two plane and so a Dubai court docket may well endorse the "discontinuity" or termination with the leases, or cut down their burden to a reasonable extent.

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