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DIFC records 6.2pc growth to 1,750 companies in H1Dubai International Financial Centre (DIFC), the leading financial hub for the $7.4 trillion Middle East, Africa and South Asia (Measa) region, has announced that in the first half of 2017 it has grown 6.2 per cent to 1,750 incorporated companie More… |
Steps urged for Bahrain to regain banking hub statusBahrain had lost its edge as banking and financial hub to its neighbours and urgent steps are needed to arrest the slide in terms of competitiveness, said Bahraini banker Rashad Janahi. “The finance industry has failed to de More… |
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DIFC records 16pc hike in 2012 employmentDubai 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 More… |
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NBAD backs S Korea to develop financial hubThe National Bank of Abu Dhabi (NBAD), a leading bank in the UAE, will cooperate with Seoul Metropolitan Government (SMG) to promote and develop Seoul International Financial Center (SIFC) into a financial hub. As NBAD’s exp More… |
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Bahrain 'most respected financial hub'By steadfastly implementing best practices, robust regulatory principles and good governance, Bahrain now enjoys the reputation as one of the world's most respected financial centres, said a top government official. Singapore has built More… |
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Dubai ruler names new board for financial hubDubai's Ruler Sheikh Mohammed bin Rashid al-Maktoum appointed his son as chairman of the Dubai International Financial Centre (DIFC), the emirate's offshore financial district, by decree on Wednesday. Sheikh Maktoum bin Mohammed bi More… |
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Bahrain tourism, finance hit by protestsBahrain's tourism and financial sectors have been hit by protests and it will take until at least the second half of 2011 for the kingdom to restore its reputation as a business-friendly hub, said analysts. 'It will take at least u More… |
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Bahrain 'top financial hub in Middle East'More than 400 banks and financial institutions are operating in Bahrain, making it the largest financial hub in the Middle East, said an expert. "Bahrainis represent up to 70 per cent of the employees working in the financial sector, More… |
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Bahrain banks 'need to focus on infrastructure funding’Bahrain banks need to focus on large infrastructure projects planned in the Gulf region to achieve significant growth, say analysts. Gulf 's need to finance hundreds of billions in infrastructure and energy projects is seen a More… |
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Bahrain fastest growing financial hubBahrain is the world's fastest growing financial centre and has soared by 59 points, according to the third edition of The City of London's Global Financial Centres Index (GFCI3). The report, which lists the top 50 rated financial cen More… |
