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All EU Citizens To Get UAE Visa On Arrival From March 22 1

Dubai gets $20b debt rollover

April 8, 2014 9:36 pm

Abu Dhabi: The Abu Dhabi Department of Finance and UAE Central Bank of the UAE on Sunday signed two separate agreements with Dubai Government to refinance a total of $20 billion in loans and bonds. The government of Abu Dhabi has agreed to refinance the $10 billion loan while the UAE Central Bank has also […]

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New York Replaces London as Top Financial Center

New York Replaces London as Top Financial Center

April 8, 2014 9:35 pm

New York, London, Hong Kong and Singapore have yet again topped the latest GFCI (Global Financial Centers Index), compiled by Z/Yen, with New York taking the lead. New York is in the lead of 83 jurisdictions with 786 points, having overtaken London (784) for the first time in seven years. The reputation of London has […]

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UAE’s economic stability to draw in foreign capital: IIF

UAE’s economic stability to draw in foreign capital: IIF

April 8, 2014 9:35 pm

Dubai: Timothy D. Adams, President and CEO of Institutional International Finance (IIF) said in Dubai yesterday that strong economic recovery and domestic political stability will continue to attract more entrepreneurs and foreign capital to the UAE. The IIF are in Dubai to take part in the 2014 IIF Mena CEO Meeting that is currently ongoing. […]

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Hong Kong Consults On New Investment Company Structure

Hong Kong Consults On New Investment Company Structure

April 8, 2014 9:35 pm

The Financial Services and the Treasury Bureau (FSTB) has started a 3- month consultation on introducing a new open ended fund company (OFC) structure to expand the legal framework of Hong Kong for investment fund vehicles. The consultation comes after the Financial Secretary’s announcement in the budget of 2014 that Hong Kong would provide additional […]

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