The AmCham Abu Dhabi’s Legal Affairs Committee presents another interesting webinar on Tuesday, August 18, 2020 to discuss the Targeted Economic Support Scheme (TESS).
Businesses throughout the UAE have faced unprecedented cash flow and credit challenges arising from the Covid-19 pandemic. To help address these, the Central Bank of the U.A.E. has launched the Targeted Economic Support Scheme. It is designed to afford temporary payment relief to borrowers, to relieve existing capital buffers to banks to release lending capacity, and to set out expectations for participants in the program.
Please click here to read the official Press Release from the Central Bank of the U.A.E. about individuals, SME’s and private corporate customers seeing the values of TESS.
Please join our panel of experts for a discussion of this important program.
Panelists: Please click on the pictures to see the bios
Webinar details: Date: Tuesday, August 18, 2020 Time: 11:00 am - 12:30 pm Cost: FREE for AmCham Abu Dhabi Members, AED 75* for Non-Members of AmCham RSVP: No later than 5:00 pm on Monday, August 17, 2020 *Price is inclusive of a Value Added Tax (VAT) rate of 5%. The fee is non-refundable. *Memo for Non-Members
The webinar will be conducted on the GoToMeeting platform. The Meeting ID and the link will be sent to you along with confirmation one day prior to the webinar.