The Dubai International Financial Centre (DIFC) has announced a far-reaching restructuring designed to enhance its role as the region's premier investment hub.
The DIFC Authority, the government-run body that controls the centre, is to split its two core functions - financial markets and property management - into separate units and has appointed key executives to head up the two arms.
Jeff Singer, an American financier who has been head of the Nasdaq Dubai stock exchange for the past four years, is to be the chief executive of the DIFC Authority, replacing Abdulla Al Awar, and will be responsible for business development and legislation.
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