The Intercontinental Investment decision Awards recognise and celebrate excellence across the Global expenditure sector, highlighting standout achievements in regions like asset administration, banking, and financial technology.

“For a lot more than 25 many years, Gulf Organization has stood witness to the astounding transformation of the Gulf region, notably the UAE. We've got cheered each milestone because it morphed from a vast desert expanse into a powerhouse of financial development and innovation,” he claimed.

 This seminal celebration while in the financial technologies sector celebrated the brightest minds in fintech as well as their groundbreaking contributions across a spectrum of categories, from copyright to investing systems and money literacy.

Wealth & Finance Worldwide is happy to announce which the Administration Consulting Awards will be returning for a third consecutive yr! Considering the fact that its Preliminary introduction in 2022, this programme has become likely from strength to energy, and we anticipate earning the Administration Consulting Awards 2024 a fair greater results! Right here at Wealth & Finance Worldwide, we realize that the management consulting market is a various field that encompasses firms of all measurements and repair varieties. We endeavour to mirror this within our awards by celebrating the top performers at each individual degree – from multinational organizations to smaller boutiques, to independent practitioners. No matter whether you specialise in technique, operations, finance, HR, or technologies consulting, There may be equal chance to be recognised during the Administration Consulting Awards. The management consulting expert services sector is significant in furnishing enterprises While using the applications they should streamline functions, lower expenses, optimise processes, and speed up electronic transformation. These products and services are not only vital things in boosting business enterprise general performance and income, but in addition add to financial development in general. As we at present stand in 2024, global financial expansion has resulted in lots of good options for advancement while in the administration consulting sector. Mounting figures of SMEs, improvements in technological innovation, ESG frameworks, and business-particular regulatory troubles are just a few samples of prime sector motorists. With administration consulting hitting a milestone one particular trillion dollars in market worth all through 2023, the longer term prospective buyers for this sector continue to search very brilliant. The earlier couple of years are transformative for the global enterprise landscape, with rising trends which include sustainability, distant Operating, digitalisation, and company social accountability turning into the norm.

It had been also asserted that the arbitration clauses ended up void and unenforceable as being the signatory for the Leases made up of the arbitration clauses, currently being the Respondent two Al Mulla, did not have the authority to so agree. In addition, it had been asserted the declare towards the Respondent Al Meeza was premature and inadmissible while in the absence of a conclusive deed evidencing the existence and maturity in the debt and likewise absent any created recognize pursuant to your guarantee. Last but not least, it had been asserted that a explanation for motion against Al Meeza would occur only immediately after an award has become built towards Gulf Jet which Gulf Jet has declined to pay for.

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The outline by counsel for Respondents 1 and three of such a regulation of the UAE in the Answer of Gulf Jet, paragraph three.4, is usually inconsistent. Whilst it is actually asserted the Lessee is "entitled to discontinue" a agreement, In addition, it stated that a Dubai court has the right to endorse this type of discontinuance, or not. The agreement could continue being in place, and the burden may very well be decreased. However it will not be reduced in any respect. The failure of Gulf Jet and Al Meeza to even recognize and establish any alleged casts sizeable question on both its existence and its alleged application into the points of this case. 134. Second, and much more importantly, the regulations from the Emirate of Dubai or perhaps the United Arab Emirates merely will not implement to this dispute. The Leases are ruled with the laws in the Point out of Kansas in America of The usa. The arbitration, seated in New York, is ruled because of the procedural regulation of the Point out of New York. No argument, not to mention a persuasive argument supported with authority, was supplied regarding how and why the guidelines in the Dubai or maybe the United Arab Emirates should utilize to or govern the dedication of the situation and also to displace the applying with the law on the Condition of Kansas as expressly agreed because of the get-togethers. a hundred thirty five. 3rd, as submitted from the Claimant, the Leases and the (Guarantees expressly provide that pressure majeure is not any justification for non-effectiveness. Paragraph fifteen of each Lease offers in part as follows: "...Lessee acknowledges and agrees that its obligation to pay any sums due to Operator hereunder shall not be discharged, diminished or usually affected by any force majeure, and shall not be deemed paid out Except if and until finally these types of sums are literally and completely obtained by Proprietor in America dollars in the United States." (emphasis extra)

EDB won the ‘Finest Regional Growth Financial institution’ accolade in recognition of its long-tenor individual personal debt tactic and impressive funding options to empower firms and push financial effects.

“All over the night, we witnessed the end result of exertions, devotion, and ingenuity as we recognised and honoured the excellent achievements on the brightest minds and quite possibly the most groundbreaking providers inside the realm of know-how.

Leave was also granted While using the consent of Respondent two for selected on the Claimant's witnesses, together with skilled Kenneth Dufour, to seem in the deserves Listening to by way of online video meeting to the needs of cross-assessment

Our dedication remains steadfast in groundbreaking new methods that solidify our primary position inside the Islamic banking sector and elevate our operational standards.”

The A lot-anticipated awards ceremony is scheduled to happen in November where the winners will probably be discovered

The lender is committed to a digital transformation strategy that aims to complement its personal banking choices and cater to the evolving requires here of a more youthful, additional technologically adept technology of HNWIs.

To this finish, EDB partners with 12 professional banks below its Credit history Guarantee Plan, guaranteeing nearly fifty % of loans for SMEs to enhance their creditworthiness and access to finance.