Regulation, Risk & Compliance
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UAE banks bail out 1,700 SMEs and corporations with Dh7 billion in loans restructured
An initiative among local banks to bail out small and medium sized enterprises has helped to restructure some Dh7 billion of debt owed by more than 1,700 companies this year, the UAE Banks Federation said. The federation also said the bankruptcy law approved this month by the country’s Cabinet is…
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Click here to read the full story: The National