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UAE Cabinet reshuffled: Meet the new ministers

UAE Cabinet reshuffled: Meet the new ministers
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All you need to know about new UAE law on bounced cheques

“The changes will cut time and effort on the part of the beneficiary of a cheque as the decree makes bounced cheques an executive document to be executed directly by an appropriate judge in court. The changes will help overcome challenges with commercial dealings and with securing payments,” said Abdelaziz. According to the new legal provision, banks will be obliged to make partial payment for a cheque to the beneficiary when a cheque is presented for payment at the bank as long as an account balance is available to even partly satisfy the beneficiary’s claim. Realising the remaining amount

United Arab Emirates (UAE) Cards and Payments Market Opportunities and Risks Report 2021-2024

Press release content from Business Wire. The AP news staff was not involved in its creation. United Arab Emirates (UAE) Cards and Payments Market Opportunities and Risks Report 2021-2024 - ResearchAndMarkets.com April 12, 2021 GMT DUBLIN (BUSINESS WIRE) Apr 12, 2021 ‘United Arab Emirates (UAE) Cards and Payments - Opportunities and Risks to 2024’ report provides detailed analysis of market trends in the Emirati cards and payments industry. It provides values and volumes for a number of key performance indicators in the industry, including cash, cards, credit transfers, direct debits, and cheques during the review-period (2016-20e). ADVERTISEMENT The report also analyzes various payment card markets operating in the industry, and provides detailed information on the number of cards in circulation, transaction values and volumes during the review-period and over the forecast-period (2020e-24f). It also offers information on the country’s competitive landscape, including t

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