| DIFC ranks 7th global financial center |
The Dubai International Financial Centre (DIFC) ranks seventh among top international financial centers, according to a study. The report sheds light on the factors behind the rise of Dubai as a business and financial centre. Location, political and economic stability and the free and open nature of the economic system make of Dubai a business and financial hub. |
Foreign media distorted facts |
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"A massive media campaign is being waged against the UAE with the aim of distorting facts and misleading public opinion about the economic reality in the country" UAE Minister of Economy said. "The government is determined to stimulate the national economy with guaranteeing deposits, more financial facilities, a committee for crisis management, additional infrastructure and new laws and legislations." |
| Dubai Motor Show |
The 10th Dubai International Motor Show, the largest and most important automotive event in the world, ends the year on a high note. In the spotlight: the exclusive global debuts of 13 new models yet to be seen by the rest of the world, more than 40 launches of new vehicles to the region, and the star attraction, ultra exclusive and expensive $1.6 million Bertone's Mantide super sport car. |
