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Banks’ Expertise Critical to Speed Up Economic Recovery Post COVID-19

Credit misallocation causing lasting risks to economies, and needs course-correction Bankruptcy frameworks need to prepare for potential impact of credit losses on banking...

Bankruptcy and Financial Restructuring Law to apply to individuals in UAE

Bankruptcy and financial restructuring law’s jurisdiction will extend to include individual, civil debt cases, and debt instances concerning certain professionals such as doctors, lawyers and others.

UAE’s Bankruptcy and Financial Restructuring Law almost ready

The Ministry of Finance has announced that it has referred the Bankruptcy and Financial Restructuring Law Initiative to technical committee at Ministry of Justice.