by PREMA Team | Dec 8, 2023 | Business
The UAE will set up specialised courts to handle bankruptcy cases as the government seeks to overhaul the restructuring and insolvency legal framework, streamlining the process to enhance investor trust further. A federal law on financial restructuring and bankruptcy...
by PREMA Team | Dec 8, 2023 | Uncategorized
The UAE unveiled a slew of measures to streamline businesses and facilitate services for consumers in the country, in line with the international digital commerce trends. It also announced a new law, adopting a flexible approach to legislation, to emphasise the key...
by PREMA Team | Dec 6, 2023 | Business
The UAE’s banking and financial sector will mobilise more than Dh1 trillion ($272.5 billion) in sustainable finance by 2030, senior officials said at the 28th edition of the United Nations Climate Change Conference (COP28) in Dubai on Monday. Khaled Mohamed Balama,...
by PREMA Team | Nov 28, 2023 | AML
The Central Bank of the UAE (CBUAE) on Tuesday lifted administrative measures imposed on a bank operating within the UAE. These measures were initially enacted in response to the bank’s non-compliance with the CBUAE’s directives regarding the appointment...
by PREMA Team | Nov 25, 2023 | Business
Shareholders in Dubai Taxi Company are looking to raise as much as Dh1.16 billion ($315 million) through its listing on the Dubai Financial Market as part of the emirate’s push to broaden its capital markets. The company is selling 624.75 million shares,...
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