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Wednesday, 6 May 2009

DIFC calls for uniform legal and financial frameworks in the region

The Dubai International Financial Centre (DIFC) and the Riyadh Chamber of Commerce and Industry (RCCI) yesterday jointly called for deeper integration among GCC states - and particularly between the UAE and Saudi Arabia.

A consolidated approach between the nations of the Gulf will allow them to maximise emerging opportunities around the world and in the region, said a top official of the DIFC.

Nasser Al Sha'ali, Chief Executive Officer of DIFC Authority, was speaking at a jointly-organised conference entitled 'Rising Giants: Opportunities in KSA' at the RCCI. The DIFC delegation was welcomed by Eng. Sa'ad Bin Ebrahim Bin Abdul Aziz Al Moajil, Vice-Chairman of the Board of the Riyadh Chamber of Commerce and Industry.

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