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Abu Dhabi Global Market launches 50 SPVsAbu Dhabi Global Market (ADGM), an international financial centre, has registered more than 50 Special Purpose Vehicles (SPVs) with continuous strong interests from local and international business communities. The innovative ADGM More… |
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BisB gives go-ahead for special purpose vehicleThe shareholders of Bahrain Islamic Bank (BisB) have approved the issuance of more than 9.3 million shares with a nominal value of 100 fils each which equals to BD939,673.5 ($2.4 million) to establish a special purpose vehicle (SPV). More… |
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DIFC releases new company regulationsThe DIFC Authority (DIFCA) has released for public consultation the “Exempt Companies Regulations”, a new set of regulations proposed under the Companies Law of 2006 and the Insolvency Law of 2004. The new regulations are designed to assis More… |
