DIFC definition

DIFC means the Dubai International Financial Centre;
DIFC means Dubai International Financial Centre.
DIFC means the Dubai International Financial Centre; “Dispute” has the meaning given to it in Condition 19(b); “Dissolution Date” means, as the case may be,

Examples of DIFC in a sentence

  • Any dispute arising out of or in connection with this Agreement, including any question regarding its existence, validity or termination, shall be referred to and finally resolved by arbitration under the Arbitration Rules of the DIFC – LCIA Arbitration Centre, which Rules are deemed to be incorporated by reference into this clause.

  • A person who is not a party to this Agreement shall have no right under part 10 of the DIFC Contract Law or under any law, to enforce any provision in this Agreement.

  • This Agreement shall be governed by, and construed in accordance with, the laws of the DIFC.

  • Remitly (DIFC) Limited is an Authorised Firm regulated by the DFSA to Provide Money Services (as defined in the DFSA Rules).

  • STATUS 4.1 We are regulated by the DFSA to provide certain Financial Services in and from the DIFC.


More Definitions of DIFC

DIFC the Dubai International Financial Center.
DIFC means the Dubai International Financial Centre, Dubai, UAE; "Director" or "director" means a director of the Company; "dividend" includes any distribution whether in cash or in specie;
DIFC means the Dubai International Financial Centre, established pursuant to United Arab Emirates Federal Law No. 8 of 2004 on Financial Free Zones and Dubai Law No. 9 of 2004 establishing the Dubai International Financial Centre;
DIFC means the Dubai International Financial Centre; “Employee” means a person employed by the Employer who is the subject of a Sponsorship; “Employer” means an entity operating in the DIFC that is in possession of a valid licence; “Employee Allocation” means the maximum number of Employees which an Employer is permitted to employ in the DIFC based on the Employer’s permitted activities and area rented or owned in the DIFC, as prescribed by DIFCA from time to time and published on its website. “Employment Contract” means the written employment contract signed by and between the Employer and the Employee in accordance with the Employment Law; “Employment Law” means the Employment Law, DIFC Law No. 2 of 2019 and its amendments; Any personal data provided by you will be used, recorded and processed by us in accordance with the relevant statutory basis including the Data protection law 2007, We do not disclose any information you provide to any third parties or other government authorities except where (i) such disclosures are necessary to fulfill our obligations to you in which case we will require such third parties to agree to treat it in accordance with thus policy; (ii) required by applicable laws, courts orders, or government regulations (for example to prevent or detect crime); (iii)you give us permission to do so, please see the Data Protection law 2007 for a full account of your rights relating to data protection.
DIFC means the Dubai International Financial Centre; "Dispute" has the meaning given in Condition 23.2 (Arbitration); "Dissolution Amount" means, as appropriate, the:
DIFC. General Investing” means the Dubai International Financial Centre; means an investment approach that is generic in nature, and may not relate or conform to a certain specific class of Investments, theme, industry or sector;
DIFC means the Dubai International Financial Centre; “Employee” means a person employed by the Employer who is the subject of a Sponsorship; “Employer” means an entity operating in the DIFC that is in possession of a valid licence; “Employee Allocation” means the maximum number of Employees which an Employer is permitted to employ in the DIFC based on the Employer’s permitted activities and area rented or owned in the DIFC, as prescribed by DIFCA from time to time and published on its website. “Employment Contract” means the written employment contract signed by and between the Employer and the Employee in accordance with the Employment Law; “Employment Law” means the Employment Law, DIFC Law No. 4 of 2005; “Fees” means the fees charged by DIFC in consideration for the provision of the Sponsorship, such Fees being subject to alteration at the sole discretion of the DIFC; “Guarantee” means a refundable, unconditional and absolute bank guarantee issued by a bank licensed and operating in the United Arab Emirates in favour of the Dubai International Financial Centre Authority, or the provision of a refundable cash deposit by the Employer to DIFCA; “GCC National” means a national of the GCC states belong to the countries which are members of the Gulf Cooperation Council; “Immigration Law” means the Immigration Law, Federal Law No.6 of 1973, as amended from time to time; “Licence” means the commercial license issued by the DIFC Registrar of Companies allowing The Employer to undertake commercial activities within the DIFC jurisdiction; “Sponsorship” means the sponsorship of Employees by DIFC in accordance with the Immigration Law and the Employment Law for the purposes of residence and employment in the DIFC; “UAE” means the United Arab Emirates; Unless the context otherwise requires, in this Agreement: (a) references to any statute or statutory provision shall include any statute or statutory provision which amends or replaces or has amended or replaced it and shall include any subordinate legislation made under the relevant statute; (b) words denoting the singular number shall include the plural and vice versa and reference to the masculine gender includes a reference to the feminine gender and neuter and vice versa; (c) references to sections, clauses and sub-clauses are to be construed as references to the sections, clauses and sub-clauses of this Agreement; (d) costs charges expenses or remuneration shall be deemed to include, in addition, references to any val...