dubai regulator warns over misleading
One of Dubai’s main regulators has warned investors not to use a US-headquartered company which claims to be regulated to operate from the Dubai International Finance Centre.
One of Dubai’s main regulators has warned investors not to use a US-headquartered company which claims to be regulated to operate from the Dubai International Finance Centre.
Nasser Saidi, one of the Gulfs best-known economists and a crusading corporate governance advocate, has left the Dubai International Financial Centre after more than six years as its chief economist.
The number of active, registered companies operating in the Dubai International Financial Centre grew by 6% in the first half of 2012, the centre has announced.
Land and property transactions in Dubai increased by 21% in the first half of this year compared to the first half of 2011, reaching AED63bn ($17bn, 14bn).
The Dubai International Finance Centre grew by 7% last year, according to data released today, accounting for 1.4% of the United Arab Emirates total GDP.
The Dubai Financial Services Authority has made amendments to its regulation aimed at protecting investors in a way it says aligns it with international standards.
The Dubai Financial Services Authority today warned investors to be on the lookout for a fraudulent email scam which uses an email address purporting to be that of Abdullah Mohammed Saleh, who is governor of the Dubai International Financial Centre (DIFC).
The financial services industry in the United Arab Emirates is to undergo the biggest regulatory overhaul in more than three decades, according to reports.
The Dubai Financial Services Authority has entered into a supplementary agreement on co-operation with the China Banking Regulatory Commission.
Dubai-headquartered wealth manager Globaleye has opened a general insurance and employee benefits division in the United Arab Emirates.
The Dubai International Finance Centre has appointed Aziz Al Ghurair as chairman of the DIFC Authority board of directors.
Independent multi-asset manager PineBridge Investments has recruited the former head of Bahrains sovereign wealth fund, to lead its Middle East and North Africa business.