Dubai International Financial Centre (DIFC)
The DIFC is the world’s newest international financial centre. It aims to develop the same stature as New York, London and Hong Kong.
It primarily serves the vast region between Western Europe and East Asia.
Since it opened in September 2004, the DIFC has attracted high calibre firms from around the globe as well as its region. A world-class stock exchange, the Dubai International Financial Exchange (DIFX), opened in the DIFC in September 2005.
The DIFC is a 110-acre free zone. It is part of the larger vision of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, together with the Government of Dubai, to create an environment for progress and economic development in the UAE and the wider region.
Sectors
The DIFC focuses on several sectors of financial activity: Banking Services (Investment Banking, Corporate Banking & Private Banking); Capital Markets (Equity, Debt Instruments, Derivatives and Commodity Trading); Asset Management and Fund Registration; Insurance and Re-insurance; Islamic Finance & Professional Service Providers.
Financial institutions may apply for licences in the above sectors. Firms operating in the DIFC are eligible for benefits such as a zero tax rate on profits, 100 per cent foreign ownership, no restrictions on foreign exchange or repatriation of capital, operational support and business continuity facilities.
Financial services in the DIFC are regulated to international standards by the Dubai Financial Services Authority (DFSA).
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and and all those …
and and all those people who speak spanish are poor or unstable nations
@andreaslive66… …
@andreaslive66… you know you’re a racist moron, ’nuff said!
@hotstuffooo… you may not know you’re an ignorant bastard, so i’ll tell you why! Spain is the 9th biggest economy in the world and more people speak Spanish every day than English.
Hate to break it to …
Hate to break it to you there idiot, but Dubai is going down the quicker than you can say “I told you so”.
@andreaslive66
…
@andreaslive66
nobody gives a about your lil 3rd world country
i hate america so …
i hate america so america GO DUBAI i am from spain american thieves still the oil from other contries you
UAE;
-be careful, …
UAE;
-be careful, sheik Issa Bin Zayed Al Nahyan might torture you. (google him)
-also, remember dubai was built on exploitive slavery
-only 12% is rich, the majority are in poverty in a class-based society
-local women are invisible behind ninja-suit burkas
-media censorship/ restrictions are over-the-top
-child-trafficking for jockey use is common
-job discrimintation based on ethnicity such as ”arabs only” is normally written on newspapers.
You guys are …
You guys are rich so you do anything appear in your dream lol
Screw that… His …
Screw that… His Highness Sheikh Mohammed Bin Rashid Al Maktoum lives there and he sounds really gay.
amazing
amazing