Dubai International Financial Centre Authority (DIFCA), the governing body of the emirate's offshore financial district, has appointed Abdul Aziz al-Ghurair as its new chairman of the board, it said in a statement on Sunday.
Al Ghurair, who is also the chairman of Dubai lender Mashreq bank, is also the deputy chairman of the board of DIFC, which since 2004 has been a financial free zone for 800 firms, including 21 of the top 30 global banks, global asset managers, insurers and law firms.
Dubai's Ruler Sheikh Mohammed bin Rashid al-Maktoum named a new board for DIFC in August last year.
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