Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

Dubai financial services challenges under spotlight  Join our daily free Newsletter

MENAFN - Khaleej Times - 29/12/2012

No. of Ratings : 0
Add to Mixx!


 


(MENAFN - Khaleej Times) The policy of supporting financial sectors by considering the main challenges faced by Dubai's financial services sector were recently reviewed at a meeting of Dubai Executive Council's Economic Development Committee.

The procedures and proposed policies to address the discussed challenges was also discussed.

The meeting was held on the premises of the Dubai Executive Council at the Emirates Towers, and presided over by Shaikh Ahmed bin Saeed Al Maktoum, President of Civil Aviation Department at the Government of Dubai, in the presence of Abdulla Al Shaibani, Secretary-General of the Dubai Executive Council.

The financial sector is one of the major issues in the medium-term economic development plan for the period from 2012 to 2015. The local financial services sector is subject to the laws of the UAE Central Bank, Securities and Commodities Authority and the Investment Authority. Dubai International Financial Centre is a free zone for the financial services, which also falls under the legislations and laws of the Dubai Financial Services Authority.

Other issues discussed at the meeting also include the proposed agenda of the committee for next year, which includes the government's financial policy, intellectual property rights policy, policies of real estate development and attraction and streamlining of investment. Other issues which pertain to boosting the position of the Emirate of Dubai and support of the sustainability of the economic situation were also reviewed.

 






  MENA News Headlines


 






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country
Marketwatch News
UPI News
Comtex News

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help