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Naqvi cheque bounce case adjourned to Aug 28A court in Sharjah, UAE, has adjourned the hearing of a cheque bounce case against Arif Naqvi, founder of the private equity firm Abraaj, to tomorrow (August 28), reports said. This is second such case against More… |
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Ramada Downtown Dubai affirms support to cancer organisationReinforcing its long-standing CSR campaign with Friends of Cancer Patients (FOCP), Ramada Downtown Dubai presented a cheque donation to the organisation through Emirates Red Crescent. Mohammed Abdullah Al Haj Al Zarouni, head of E More… |
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Gulf Bank reinforces new electronic cheque clearing systemCustomers of Kuwait's Gulf Bank who print their cheques through external vendors have been advised to discontinue the practice at the earliest and only print cheques through authorised vendors. The new advisory comes in line w More… |
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$10,000 stolen from travel agency in BahrainTwo masked men broke into a travel agency in Bahrain and stole more than BD3,800 ($10,018.5) in cash and cheques. It was the second time in 16 months that the Royal Gulf Travel and Tourism, which represents Syrian Air, has been ro More… |
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$10,000 stolen from travel agency in BahrainTwo masked men broke into a travel agency in Bahrain and stole more than BD3,800 ($10,018.5) in cash and cheques. It was the second time in 16 months that the Royal Gulf Travel and Tourism, which represents Syrian Air, has been ro More… |
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Canon launches new UV cheque scannerCanon Middle East, a leader in imaging solutions, has launched its new cheque scanner capable of capturing UV ink. The imageFormula CR-190i UV cheque scanner seeks to give retailers, banks and financial institutions the ability to More… |
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CBB takes steps for speedy cheque clearanceThe Central Bank of Bahrain (CBB) has announced key amendments that will help speed up clearing of cheques and reduce the risks of handling them, said a report. The n More… |
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UAE relaxes penalties in cheque bounce casesThe UAE will stop imprisoning expatriates for writing cheques that bounce, Abu Dhabi daily The National reported on Tuesday, citing a senior official. The UAE's tough penalties for defaulting on loans, which is a criminal offe More… |
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UAE frees hundreds of debtors from jailThe UAE has released from prison around 290 people convicted of bouncing cheques, the state news agency said on Saturday, the latest step by one of the world's richest countries to help its citizens deal with their debts. The More… |
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Sakana implements cheque receivables systemSakana Holistic Housing Solutions, an Islamic mortgage finance provider, has implemented the Cheque Receivables System (CRS) from Rsquare Technologies, an IT Solutions company based in Bahrain. This robust front office system will a More… |
