Awards for Excellence recognise and honour Outstanding achievements and exceptional efficiency by people today or organisations. They assist obtain recognition, become far more seen, and establish themselves as sector leaders in their area.
This vulnerability to price shocks came to your head through 2016, when a pointy dip in commodity price ranges triggered a subdued yr for all six economies of the GCC. Saudi Arabia was hit significantly difficult, with expansion to the calendar year slipping to 1.
c. The Claimant administered and executed the contracts as when they have been obtain and sale contracts in lieu of leases by cause of the subsequent:
Sharing GCC Trade’s Journey to this Achievement, Yash Rajesh, Common Manager at GCC Exchange, explained, “Rely on usually takes yrs to create but only times to interrupt. This award recognises the several years of labor put in via the team, and this could only thrust us to work even more difficult to take care of and enrich the have confidence in put by our shoppers and stakeholders. There's considerably more to achieve in the near long term, and we have been geared up for the same.”
g. In November 2010, Respondent one and 3 commenced the proceedings in the Civil Court docket of Dubai to Get better abnormal Lease rental payments improperly charged by Cessna and paid by Gulf Jet, and in addition to determine a reasonable reduction or elimination in the liability underneath the Leases in accordance Using the legislation from the Emirate of Dubai because of the effect of monetary disaster which really should be reflected in a suitable accounting. It had been asserted that Cessna experienced declined to appear in Those people proceedings (Remedy one.fourteen).
Award recipients are celebrated for properly meeting their customers’ wants for Shariah-compliant solutions and establishing a sound foundation for future development and protection.
The demand submissions for the 1st Swiss Fintech Award was printed in Oct 2015. Any company Started by a Swiss citizen or headquartered in Switzerland could participate. A jury of 16 specialists chose the highest 10 enterprises that may be skilled in boot camps.
The announcement with the shortlisted entries along with the award winners will occur during a glamorous awards ceremony. This grand celebration can be a golden networking possibility, bringing with each other the GCC's finance sector leaders under just one roof.
The Tech Ascension Awards’ fintech category honors providers which have been rewriting the narrative for know-how from the economical discipline. The analysis of applicants considers factors including marketplace exploration, complicated performance figures, and competitive differentiators.
In 2015, Adyen was the general winner, getting the website award for a lasting breakthrough in The present payment sector.
Different and decreasing Stipulated Decline Values set for each on the one hundred twenty regular monthly payments are acknowledged and agreed at some time on the execution on the Lease.
e. Guaranty dated two August 2007 signed by Al Meeza in regard of Cessna Lease 560-5701 whereby Al Meeza undertook to "unconditionally and irrevocably assure[]the well timed and unconditional payment to Cessna [] (or to its order) of all quantities owed by Lessee underneath Lease, and more unconditionally guarantees the performance of all of Lessee's other obligations under the Lease when owing As well as in demanding compliance with Every single of your terms and conditions thereof."(Exhibit five to the Ask for for Arbitration, Assure, paragraph A)
As famous within the Panhandle. Jap scenario, where by a party gambles to the state of sure marketplace or financial problems and these a raffle fails, The end result just isn't pressure majeure. Very clear and express language will be required to capture such situation to be a pressure majeure event.
Our determination continues to be steadfast in pioneering new strategies that solidify our major place while in the Islamic banking sector and elevate our operational requirements.”