Tuesday 4 February 2014

Dubai: alive to the financial competition | beyondbrics

Dubai: alive to the financial competition | beyondbrics:



"The competitition to attract financial business in the Gulf is hotting up.



Dubai’s financial centre says it will slash telecommunications rates as it seeks to sustain growth amid increasing competition from neighbours such as Abu Dhabi, Qatar and Saudi Arabia.



The DIFC is set this year to roll out a technology transit zone within its data centre, offering prices that can compete with London and other western cities to ease costs for trading desks and asset managers."



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