Thursday 28 August 2014
 
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Grace period

UAE banks seek grace period, exposure limit

Banks in the UAE are seeking a five-year grace period and the exclusion of bonds from planned central bank rules that will limit their exposure to state-linked borrowers, a banking industry body said on Monday. In April last year,

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UAE considers grace period on cancelled visas

Individuals whose work visas have been cancelled following redundancy, may soon be able to stay in the UAE for a longer period of time to find work, according to a report. At present, UAE labour and immigration laws require expats who have

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