Ensure you adhere to the specified phrase limits and submission format. As soon as your submission is ready and proofread, it is possible to upload your entry by means of the awards portal on the web site. Just after submission, your entry will likely be reviewed by a panel of pro judges and a various workforce of market professionals from a variety of backgrounds.
The proof implies that Gulf Jet exercised considerable bargaining electricity inside the negotiations and delayed closing. As for that font, it absolutely was naturally legible and essential provisions have been highlighted in bold. It also seems through the deal with of the Leases that Gulf Jet affixed its stamp or seal to every website page of each and every Lease, suggesting that every web page was reviewed and authorised. The alleged grounds of invalidity relied on by Gulf Jet usually are not commercially fair nor credible and so are inconsistent with the proof. If Gulf Jet and Al Meeza ended up unaware with the terms in the Leases as is prompt, that may be because of only to their own wilful disregard of your agreements. Therefor e the grounds with the alleged invalidity asserted by Gulf Jet as noted previously mentioned must be rejected.
b. Gulf Jet was the "very little guy" within a 1-sided transaction and was not able to barter the phrases of the Leases (Gulf Jet Solution at paragraph 1.4);
Islamic banking institutions located in the Gulf Cooperation Council (GCC) countries continue to expand their attain, taking up Shariah-compliant transactions in new industries and establishing new strategic partnerships.
The value of this diversification challenge has become obvious over the past twelve months, as fluctuations in crude oil selling prices have exposed weaknesses in the area’s economies.
Historic significant reliance on oil revenues has remaining many GCC nations beholden to your fluctuations of the industry, that has been especially volatile given that hitting a small level in 2014.
Qatar’s visa-absolutely free entry programme, introduced in 2017 in order to Raise tourism, has become expanded this calendar year to incorporate Indian and Ukrainian nationals in an indication of improved openness with the Qatari Governing administration.
Meanwhile, FDI inflows to Bahrain grew 138 per cent about the main a few quarters on the yr, the speediest price of all GCC nations. In May perhaps, the nation introduced it could extend the phrase of home visas for experienced investors and professionals from two many years to 10 to further draw in click here overseas desire.
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As the leading monetary establishment in the Middle East, copyright proceeds to set the benchmark for personal banking services. Its client-to start with technique, innovative merchandise choices, and professional economic advisors have manufactured it the financial institution of option for affluent men and women across the region.
Visitors networking for the Gulf Business Awards 2024 in Dubai. The awards are don't just a possibility for corporations to showcase their labor, determination, and innovation, but in addition to realize properly-deserved recognition from market peers.
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Improved FDI and further more progress on vital infrastructure development tasks can even assist diversify the economies of all six member nations.
The European FinTech Awards is a company that aims to disrupt standard fiscal intuitions by giving a platform for fintech entrepreneurs to collaborate with one another.