Friday 28 August 2015
 
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Dubai International Financial Centre

Cases at DIFC Courts surge during H1

The first six months of 2015 has seen a dramatic rise in the value of claims filed at DIFC Courts, based in the Dubai International Financial Centre (DIFC), reflecting the growing confidence placed in DIFC and Dubai as a global and regional cent

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DIFC assets under management to hit $250bn

Assets under management of fund managers and financial institutions in Dubai International Financial Centre (DIFC), a global financial hub, are estimated to reach $250 billion by 2024, up from $10.4 billion in 2014, said top official.

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Barwa Bank opens office in DIFC

Barwa Bank, a leading Shari’ah compliant banking service provider in Qatar, has announced the opening of a representative office in Dubai International Financial Centre (DIFC). Khalid Al Subeai, acting CEO at Barwa Bank, sai

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DIFC reaches 1,000-company milestone

Dubai International Financial Centre (DIFC), the financial and business hub connecting the region’s emerging markets with the markets of Europe, Asia and the Americas, said more than 1000 companies have begun operations from the centre.

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DIFC records 16pc hike in 2012 employment

Dubai International Financial Centre (DIFC), the leading financial hub in the region, has posted a 16 per cent growth rate in the combined workforce of DIFC-registered companies during 2012 as against 2011. The number of active re

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Ritz-Carlton DIFF names 4 key officials

The Ritz-Carlton, Dubai International Financial Centre has announced the appointment of four new officials to senior management positions. As the hotel nears the end of its second successful year in operation, the new team members

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DIFC-based firms post $12.8bn in deposits

Deposits out of the Dubai International Financial Centre (DIFC) by regulated entities have grown at an average annual rate of 39 per cent in the past three years to reach $12.8 billion at the end of the first quarter of 2012, a report said.

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Jefferies opens new DIFC office

Jefferies announced that it has opened an office at the Dubai International Financial Centre (DIFC), following approval from the Dubai Financial Services Authority for a Category 4 license that allows it to operate as an authorised entity from the

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Forum studies crisis impact on ME investments

The Dubai International Financial Centre (DIFC) hosted a major forum to discuss the impact of global turbulence on investment in the Mena region and its future development. The forum entitled "Global Turbulence and Mena Transformations – P

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DIFC inks co-op deal with Chinese exchange

The Dubai International Financial Centre (DIFC) said it has signed a MoU with the Chinese Pudong Financial Services Bureau (PFSB) to boost exchange of financial services and development. The MoU sets out the frameworks agreed between the t

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