Friday 26 December 2014
 
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DIFC

Clifford Chance acts as counsel to DIFCA’s new netting law

The Dubai International Financial Centre Authority (DIFCA) said the Vice-President and Prime Minister of the UAE, and Ruler of Dubai Sheikh Mohammed bin Rashid Al Maktoum, has signed into DIFC law a new statute that provides for the effectivenes

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DIFC will double in size in a decade: Governor

Dubai International Financial Centre (DIFC) is on track to double in size over the next decade with companies from China and South-East Asia set to fuel its next phase of growth, the governor of the financial free zone said on Monday.

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DIFC Investments launches $700m sukuk

DIFC Investments, the investment arm of Dubai's financial free zone, has launched a $700 million 10-year sukuk at 185 basis points (bps) over midswaps on Tuesday, according to a document from lead arrangers. Pricing of the suk

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Dubai to host luxury real estate show

Dubai is set to host a select group of real estate developers, agents and financial institutions at The Property Show, a first-of-its-kind luxury real estate exhibition, to be held from November 23 to 27. To be held at Dubai Inter

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Dubai to host luxury real estate show

Dubai is set to host a select group of real estate developers, agents and financial institutions at The Property Show, a first-of-its-kind luxury real estate exhibition, to be held from November 23 to 27. To be held at Dubai Inter

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Dubai judge approves Espirito Santo unit liquidation

A judge in the Dubai International Financial Centre (DIFC) court approved on Sunday an application to liquidate ES Bankers (Dubai) Ltd, part of the Portuguese Espirito Santo family's troubled empire. "In reality, it's

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DIFC plans $700m sukuk issue by end-October

DIFC Investments, the investment arm of the company running Dubai's financial free zone, is seeking to raise as much as $700 million by issuing a sukuk to help repay existing debt and fund real estate development, its top executive said on S

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DIFC Authority CEO Singer quits

Jeffrey Singer said on Wednesday that he had resigned as chief executive of the DIFC Authority, which oversees Dubai's financial free zone, the Dubai International Financial Centre. The resignation is with immediate effect, Si

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Barwa Bank opens office in DIFC

Barwa Bank, a leading Shari’ah compliant banking service provider in Qatar, has announced the opening of a representative office in Dubai International Financial Centre (DIFC). Khalid Al Subeai, acting CEO at Barwa Bank, sai

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Etihad Energy Services seals DIFC agreement

Etihad Energy Services Company (Etihad Esco) has signed an agreement with the Dubai International Financial Centre (DIFC), the financial and business hub connecting the region’s emerging markets with the developed markets of Europe, Asia a

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