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The accomplishment underscores the financial institution’s continuing excellence and Management in the Islamic banking sector on a worldwide scale and reflect its broader determination to Assembly the escalating requires of modern banking purchasers, especially in the electronic realm, all of which makes Dukhan Lender a most popular choice for purchasers trying to get Shariah-compliant economic products and services.
iv. On termination Claimant known as for that outstanding harmony on the sale price tag by its letter of 23rd June, 2010;
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The UAE is backing AI at the government degree, Using the minister for AI—a position designed in 2017—noting in February that 9 banking companies and nine other fiscal establishments are using blockchain remedies.
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b. The arbitration clauses inside the Leases as well as Assures had been void and unenforceable as they weren't sufficiently evident or conspicuous.
two. The Claimant's failure to provide or serve a requisite or timely detect of default resulted within the failure to perform a commercially affordable disposition and sale of the subject aircraft under Kansas regulation;
Even though the Warranty was within the English language, it need to be noted that all phrases were also reproduced in Arabic promptly adjacent into the get more info English Variation and had been of course legible in both languages.
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The prestigious recognition acknowledges the business’s excellence in offering impressive, customized economic solutions through the location.
It is only this Tribunal which at this time has jurisdiction to determine the promises asserted from the Claimant towards Respondents two and three. The reality that this arbitration is much more comprehensive in terms of the parties plus the statements was and is also a further cause not to stay this arbitration or to find a lack of jurisdiction by explanation with the commencement with the Dubai Courtroom Proceeding.
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