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Abu Dhabi plans its own financial free zone

One of the country's most successful free zones is the Dubai International Financial Centre.

April 28, 2013 5:33

DIFC looks to double number of companies

'Institutions are using Dubai not just as a base for business in the Gulf, but as a base to access a much wider area.'

February 17, 2013 11:07

Dubai’s DIFC investment gets $1.04 billion loan to repay Islamic bond

DIFC Investments signs $1.04 billion loan to fund sukuk repayment; Dual-tranched loan priced at 380 bps over LIBOR; Timely sukuk repayment helps rebuild Dubai's investor image

June 4, 2012 11:06

DIFC investments to sign part government-backed $1 billion loan

DIFC Investments, a unit of the firm that runs Dubai's financial free zone, is set to sign a $1 billion loan partly guaranteed by the Dubai government to help refinance a $1.25 billion Islamic bond maturing in June, two sources said on Thursday.

May 31, 2012 11:52

DIFC investments $1 billion loan near; to help Sukuk REFI

DIFC Investments, the investment arm of the company running Dubai’s financial free zone, is close to securing a $1 billion…

May 22, 2012 9:11

Japan’s Nomura sets up Middle East FX team

Japanese investment bank Nomura is setting up a foreign exchange trading team in Dubai to meet growing demand among its institutional clients to trade Middle East and North African currencies, the bank said on Monday.

March 5, 2012 1:28

Dubai means business…again

Dubai just launched its latest international marketing campaign and it’s all about business. What are Dubai’s chances of success?

February 27, 2012 4:54

Arab Firestorm: what 2012 holds for the Middle East

Forget the term Arab Spring, DIFC’s Chief Economist Dr Nasser Saidi says the series of events across the Middle East should be called ‘Arab Firestorm’. Here’s a survival guide.

January 22, 2012 3:56

Dubai may use sovereign fund to repay debt

Dubai could use the $3.8 billion raised by its sovereign wealth fund to pay for its debts, as Dubai entities still have about $10 billion due next year.

December 6, 2011 3:46

Fundamentals in place for UAE MSCI upgrade

The UAE has the fundamentals in place to achieve an upgrade from index provider MSCI to emerging market status, the chief executive officer of Dubai International Financial Centre (DIFC) Authority said on Wednesday.

November 24, 2011 1:55

Dubai support less likely for JAFZA’s $2 billion Islamic bond

Potential government support for Dubai World unit Jebel Ali Free Zone (JAFZA) to meet its $2.04 billion Islamic bond maturity next year is less likely due to a more complex legal structure, a Standard & Poor's' analyst said on Thursday.

November 17, 2011 3:32

UAE lawyers shouldn’t be shaking in their boots

Common law courts have increased jurisdiction, which may take away some business to Emirati lawyers. But Precious de Leon thinks they should look to Wal*Mart victims for inspiration.

November 9, 2011 3:56

Dubai expands jurisdiction of English-language court

Dubai's government has established a new law allowing regional and foreign firms to file disputes with the Gulf emirate's English-language Dubai International Financial Centre (DIFC) Courts, state media reported late Monday.

November 1, 2011 11:23

On the road again—Dubai draws back suitcase banking

The GCC barely has work for one hub, despite hopeful construction of three in the region. And without much activity, Dubai is forced to re-embrace suitcase banking, says Una Galani.

October 17, 2011 1:47

E*Trade to close Dubai office

E*Trade Financial Corp is closing its Dubai branch, just months after it was fined in the emirate for breaching anti-money laundering controls, the online U.S. broker said on Tuesday.

August 2, 2011 4:20