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
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
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
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
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
AlKhair Capital, a leading Saudi-based investments institution, has opened its new branch at the Dubai International Financial Centre (DIFC) to cater to its customers in the emirates.
A gala dinner was held at Jumeirah Emirates To
AlKhair Capital Saudi has opened an office at the Dubai International Financial Centre (DIFC), following approval from the Dubai Financial Services Authority (DFSA) for a Category 4 licence.
The licence allows AlKhair Capital Saud
MotorVillage, the first ever luxury motoring event held recently in the Dubai International Financial Centre (DIFC), saw a high visitor turnout as well as sales leads, said event organisers.
Organised by WorldSouq Exhibitions, Mot
Dubai is considering regulatory reforms to persuade more funds to base themselves in its financial centre, though industry experts believe that other parts of its investment environment may also need to change for the emirate to compete globally
The Dubai International Financial Centre (DIFC) Courts have declared that Deutsche Bank DIFC branch was in “material non-compliance” with requirements to produce information and documents to the Dubai Financial Services Authority (DF