e. The Procedural Timetable was altered a result of the failure from the Respondents 1 and 3 to reveal within their Original submission which the Dubai Court Proceedings experienced not been served on Cessna which necessitated more submissions from both equally events to handle the issue of services of Those people proceedings.
When did the situation get started? Supply a list of the lawful concepts talked over in the case Summarise the case in 5 sentences What are the events that gave rise towards the dispute? Question Jus AI
Gulf Business Awards 2024 honoured whoever has shown Extraordinary Management, innovation, and achievements within their respective fields over the GCC.
Inside the US and Europe, challenger banking companies have shed some in their luster Along with the realization that banking is developed on interactions Which retaining customer loyalty necessitates a existence across a number of—normally unexciting—business enterprise clusters.
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Historic significant reliance on oil revenues has left lots of GCC nations beholden for the fluctuations of the market, that has been significantly unstable considering the fact that hitting a low issue in 2014.
Entries are judged by the Juniper Investigation analyst panel, which is able to be awarded to opportunity winners according to innovation, item and repair Gains, and also solution partnerships.
Meanwhile, FDI inflows to Bahrain grew 138 % about the main three quarters in the year, the swiftest level of all GCC nations. In Could, the region introduced it would prolong the term of home visas for experienced buyers and professionals from two yrs to 10 to even more draw in international fascination.
"At last, there is absolutely no cause to conclude that the judgement of a local court, of on the list of functions, must automatically have preclusive effects in either the arbitral proceedings or an annulment or recognition motion in other jurisdictions. Asdiscussed previously mentioned, the higher look at is usually that national court judgements should not be preclusive in Worldwide arbitral proceedings- notably countrywide courts outdoors the arbitral seat.
The Global FinTech Awards will serve as a prestigious platform to showcase revolutionary answers in the finance and insurance policies know-how market, honouring organizations, startups and people demonstrating exceptional creative imagination, technological breakthroughs and marketplace leadership.
Submission could be in prepared kind or video and may click here reply the standards factors for each class. As soon as complete submission can only be recognized by way of the official submission variety which you'll be able to now accessibility.
Generative AI could aid the Gulf’s standard banking institutions wrest the competitive benefit back from challenger and neobanks.
As Fintech carries on to evolve and reshape the banking sector's economic landscape, executives experience quite a few issues in remaining current Using these improvements.
b. Underneath the legislation with the Emirate of Dubai, where a lessee is deprived on the pleasure and good thing about the lease because of no fault of its individual, a lessee is entitled to discontinue the lease. By rationale with the economic downturn in Dubai, it grew to become difficult for Respondent 1 to get pleasure from the good thing about The 2 plane and therefore a Dubai court docket may perhaps endorse the "discontinuity" or termination from the leases, or lower their load to an inexpensive extent.
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