Thursday 24 April 2014
 
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DIFC

AlKhair Capital Saudi opens office in DIFC

AlKhair Capital Saudi has opened an office at the Dubai International Financial Centre (DIFC), following approval from the Dubai Financial Services Authority (DFSA) for a Category 4 licence. The licence allows AlKhair Capital Saud

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Dubai luxury car show ends on high note

MotorVillage, the first ever luxury motoring event held recently in the Dubai International Financial Centre (DIFC), saw a high visitor turnout as well as sales leads, said event organisers. Organised by WorldSouq Exhibitions, Mot

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Dubai mulls rule change to woo domiciled funds

Dubai is considering regulatory reforms to persuade more funds to base themselves in its financial centre, though industry experts believe that other parts of its investment environment may also need to change for the emirate to compete globally

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DIFC Courts finds 'non-compliance' by Deutsche Bank

The Dubai International Financial Centre (DIFC) Courts have declared that Deutsche Bank DIFC branch was in “material non-compliance” with requirements to produce information and documents to the Dubai Financial Services Authority (DF

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DIFC Courts finds 'non-compliance' by Deutsche Bank

The Dubai International Financial Centre (DIFC) Courts have declared that Deutsche Bank DIFC branch was in “material non-compliance” with requirements to produce information and documents to the Dubai Financial Services Authority (DF

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DIFC posts double-digit growth

The Dubai International Financial Centre, the top banking hub in the Middle East, said it grew at double-digit rates last year as it attracted more tenants from Asia and other emerging markets. The number of active registered comp

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Alpen Capital launches new firm at DIFC

Alpen Capital, the leading investment bank with an extensive presence in the GCC and India, has launched an independent asset management company to provide services in the areas of investment advisory and asset management. The new

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DFSA starts court action on Deutsche Bank unit

The Dubai Financial Services Authority (DFSA) has commenced proceedings in the DIFC Courts to enforce compliance by Deutsche Bank AG, Dubai (DIFC) Branch (DBDIFC), with a notice requiring information. The DFSA has brought the proc

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Dubai's financial district plans $4bn expansion

Dubai International Financial Centre (DIFC) announced plans on Tuesday for a 15 billion-dirham ($4 billion) expansion, as the tax-free business zone looks to attract more global firms.   DIFC Properties, which ov

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DFSA penalises former executive of DIFC firm

The Dubai Financial Services Authority (DFSA) has slammed a penalty of Dh27,525 ($7,500) on a former senior executive officer of a Dubai International Financial Centre (DIFC) authorised firm for issuing a letter containing false information.

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