MENA is a term used for Middle East and North Africa. Dubai International Financial Center is a financial hub for the MENA. There is a capital market which is to be known as the financial free zone in Dubai. This hub has been established so that Dubai should be known as the financial center globally. Also known as DIFC, it offers residential as well as commercial property fpr sale in Dubai. It consists of wide range of real estate: from apartments to offices, DIFC has it all. This International Financial Center offer choice for world class financial institutions performing business operations in a region. This was conceived by Dubai government for the benefit of the entire United Arab Emirates. An environment for economic growth is created for the economic development of the Arab world.
Dubai International Financial center not only provides legal business but it also provides physical infrastructure to carry on with that business and it is surely marked with international standards. International Financial center is a global finance hub which deals basically with six major sectors. The major sectors that come under DIFC are:
Each of the units listed in Dubai international financial center offer many benefits. It offers 100 percent foreign ownership. Moreover, there will be no restrictions on foreign exchange. The business continuity facilities and operational support will be provided. Thus, this new international financial center in Dubai will set to benefit the world’s financial community.
