Recognition in Saudi Arabia
Teamwork makes the dream work! We are proud and delighted to share the success of our Saudi Arabian team: Recovery Advisers Saudi Arabia won the GTR Saudi Arabia 2023 ‘Leaders in Trade’ Award for the Best non-bank provider! The award given to Recovery
New restrictions in payments in Pakistan
Recovery Advisers would like to share a quick update about the economic situation in Pakistan, a country of great growth potential facing new challenges. Pakistan is currently facing a lot of challenges in terms of economic crisis, shortage of foreign
Landmark case in Saudi Arabia: litigation on behalf of an ECA as subrogee
Read our report on changing court tendencies in the Kingdom of Saudi Arabia
New law limits creditors’ right to enforce claims in the UAE
Commercial statutes of limitations for commercial claims shortened to five years
Further accelerating litigation process in Saudi Arabia: the Kingdom joined the Apostille Convention
The Apostille Convention officially entered into effect in Saudi Arabia on 07 December 2022
Selamat Datang – Welcome to Indonesia!
RA opens a new office in Indonesia and provides a quick overview on the country’s system
Hoşgeldin – Welcome to Turkey!
RA opens a new office in Turkey, reach out to know more!
Egypt restricts payments for imports to documentary credits only
Egypt – Central Bank of Egypt is to restrict payments to Documentary Credits only for imports.
Number of claims is declining and expected to remain flat in 2022
At TXF MENA, we shed light on the trends in claims and recoveries in the MENA region for 2020 and 2021; the impact of COVID-19 and its repercussions was unmistakable. As expected, in 2020 there was a spike of claims