Qatar, it was reported this week, believes it can challenge Dubai's position as the premier financial hub in the Arabian Gulf.
Topic DIFC Central Bank of the UAE Abu Dhabi Securities Exchange Dubai Financial Market
Expert opinion is still divided on whether Doha can overtake Dubai's lead. Some believe the advantages the emirate already has are too significant to allow Qatar to catch up, let alone overhaul Dubai.
Others believe Dubai, through a mixture of natural disadvantages such as the lack of serious energy revenue, coupled with misjudgements on the part of policymakers, is in danger of letting its lead slip.
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