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DED signs co-op deal with DIFC AuthorityThe Dubai Department of Economic Development (DED) and Dubai International Financial Centre Authority have signed a co-operation agreement to unify licensing procedures and enhance business environment for investors in the emirate. More… |
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DIFC Authority hosts economic workshopThe DIFC Authority has hosted a workshop on ‘Financial Vulnerability Indicators and Bank Stress Tests’, as part of its ‘Economics Workshops’ series. The event discussed how banks can use ‘vulnerability indicators’ to assess their capacity More… |
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DIFC releases new company regulationsThe DIFC Authority (DIFCA) has released for public consultation the “Exempt Companies Regulations”, a new set of regulations proposed under the Companies Law of 2006 and the Insolvency Law of 2004. The new regulations are designed to assis More… |
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DIFC Authority awarded ISO certificationThe Dubai International Financial Centre Authority (DIFC Authority) has been awarded an International Organisation for Standardisation (ISO) certification. The ISO 9001:2000 certification was awarded by Lloyd’s Register, the independent r More… |
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DIFC chief addresses finance conferenceThere is an urgent need for standardisation in Islamic finance in order to raise the sophistication of the industry and make it more attractive to a wider pool of investors, said an expert. Nasser Al Shaali, CEO of the Dubai Internati More… |
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Gulf is now asset-based says economistGulf states should no longer be seen as oil-based economies but rather as asset-based economies, said a senior economist. 'For the foreseeable future, the income from assets and net foreign assets will exceed the income from oil for these More… |
