Sunday 22 January 2017
 
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DIFC

UAE foreign trade seen at $354 billion in 2016

The UAE’s foreign trade is projected to reach $354 billion in 2016, according to a new trade finance report published by the Dubai Financial Services Authority (DFSA). The study highlights key findings of a review of trade f

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DIFC names new chief financial officer

Dubai International Financial Centre (DIFC) has appointed Yazan Mohamad Al Nasser, a veteran in the property and retail industry, as its new chief financial officer. Al Nasser brings with him more than 30 years of finance and audi

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DIFC launches region’s first fintech accelerator

Dubai International Financial Centre (DIFC), the financial hub for the MEASA region, and Accenture, a leading global professional services company, have announced the region’s first FinTech accelerator in Dubai, UAE. Set to

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The Ritz-Carlton, DIFC embraces the festive season

This December The Ritz-Carlton, Dubai International Financial Centre is embracing the spirit of the festive season with a host of spectacular celebrations and culinary experiences. On December 1, the luxury Dubai hotel will unveil

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Bank of Singapore to open branch in DIFC

Bank of Singapore today announced that it has been granted a Category 4 licence to operate a branch in the Dubai International Financial Centre (DIFC), Dubai. This allows Bank of Singapore to offer a comprehensive range of customi

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Kotak set to open first overseas branch in Dubai

Kotak Mahindra Bank, India’s fourth largest private sector lender, said it has received the approval from Reserve Bank of India (RBI) to set up its first international branch in Dubai, UAE. The new unit will be set up at Dub

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Crowdfunding platform Eureeca opens in DIFC

Dubai International Financial Centre (DIFC), the region’s leading financial hub, has become home to the first equity crowdfunding platform in the region, Eureeca. It is the first multi-regulated global equity crowdfunding pl

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Jafza signs MoU with Dispute Resolution Authority

Jebel Ali Free Zone (Jafza), the UAE’s flagship trade and logistics hub for the Middle East region and Africa, has signed a memorandum of understanding (MoU) with the Dispute Resolution Authority (DRA) giving its member companies and peopl

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DIFC inks tie-up to expedite arbitral awards

Dubai International Arbitration Centre (DIAC) and the DIFC Dispute Resolution Authority (DRA) have signed a cooperation agreement that paves the way for faster enforcement of arbitral awards in the future. The memorandum signed by

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Coface gets new DIFC insurance licence

Coface, a world leader in credit insurance, has obtained a new company licence from the Dubai Financial Services Authority (DFSA) to offer insurance management and intermediation services in the Dubai International Financial Centre (DIFC), stren

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