Bahrain and Dubai are positioning themselves as Islamic finance hubs, and applying generative AI would appear a pure progression that might have international implications for The 2 tech-centered economies.
Fawad joined ADFG pre the merger in 2014, at first heading up its financial debt platform and subsequently focused on devising and applying different expense strategies across multiple asset courses.
5. The Respondent Al Mulla was entitled to some credit score or established-off of any and all sums the Claimant been given during its retention, use or Procedure of the subject plane, previous to the last word sale and disposition of exact.
All GCC nations around the world happen to be opening up their economies to international direct investment over the past 12 months as part in their respective diversification approaches
Given that its inception in 1981, the Gulf Cooperation Council (GCC) has pushed an bold programme of infrastructure development and economic reform, While using the goal of lessening the location’s dependence on oil.
c. The denial of this motion to remain is without prejudice to the ideal of Respondents 1 and three to adduce proof and post lawful argument in their memorial to generally be shipped in accordance with Procedural Get #one on the issues with the invalidity and unenforceability from the arbitration clauses contained during the Leases plus the Ensures.
The arbitration clauses from the Leases and Ensures were invalid, void and unenforceable as Respondent two Al Mulla did not provide the authority on behalf of Gulf Jet to comply with arbitration at the time of signature or at any time thereafter. Cessna adduced appreciable evidence on this problem.
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Within the GCC, a digitally savvy population’s robust concentrate on person knowledge has assisted neobanks disrupt the established order for their standard rivals.
Though the Ensure was from the English language, it needs to be mentioned that each one phrases ended up also reproduced in Arabic straight away adjacent for the English Model and ended up definitely legible in both of those languages.
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d. By explanation with the early termination of your Leases, the Claimant been given a profit by way of early payment of funds in regard of the Leases, in distinction into the extended routine for payment above the total time period of your Leases, and such payment ought to be deducted from any quantities allegedly due to the Claimant (Respond to of Respondents one and 3, paragraph four.5). Respondents one and 3 experienced also challenged the appropriate with the Claimant to say quantities in excess of had been established out from the RFA. The amendment increasing the quantity of the claim through the Claimant was more info made at an early phase from the arbitration ahead of the planning and completion from the Conditions of Reference and the Claimant experienced reserved the ideal in its RFA to do so, given the need to perform extra homework Along with the accounting information to prepare the mandatory evidence in guidance in the promises.
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