Dubai
DIFC and Lux sign MoU
The Dubai International Financial Centre and Luxembourg for Finance have signed a Memorandum of Understanding to promote industry development and regulatory cooperation between the two jurisdictions..
Survey: Hong Kong and Singapore join London and New York as ‘global leaders’
Hong Kong and Singapore have joined London and New York as “global leaders” in the financial centre firmament, according to the authors of a recent ranking of world financial centres.
DIFC licence for Mena absolute return house
Gulfmena Alternative Investments, a Middle East North Africa region absolute return fund house, has received an asset management licence from the Dubai International Financial Centre (DIFC).
KKR to open office in Dubai
Kohlberg Kravis Roberts (KKR) is to open an office in Dubai, to be operated through a newly-formed subsidiary.
Monaco snatches London’s property crown
Monaco has beaten London as the world’s most expensive place to buy a home, as the UK recession cut into house prices in the British capital, a report has revealed.