Oman orders partial commercial shutdown from March 4-20, state TV

Oman orders partial commercial shutdown from March 4-20, state TV

DUBAI: All commercial activities in Oman will close from 8 p. m. to 5 a. m. local time in the period from March 4 to March 20, as part of measures to combat the spread of the coronavirus, Oman State TV reported on Monday. DUBAI: The Dubai International Financial Center (DIFC) Courts saw a 41 percent rise in the number of cases it handled last year, with its technology and construction sector recording a 233 percent surge in disputes, it was announced on Monday. Established in 2004 and based on the English-language common law system, the courts' jurisdiction was expanded in 2011 to include all businesses from all GCC countries and beyond. The number of cases at the main Court of First Instance rose last year by 41 percent, while the total value of claims increased 72 percent to AED9. 95 billion ($2. 71 billion), with the average claim across cases amounting to AED86. 3 million. The cases covered a wide range of sectors, including banking and finance, construction, and real estate. The courts also reported a 50 percent increase in the number of opt-in cases last year, meaning claims where the contracts do not specify the DIFC Courts as