DIFC Authority Publishes its First Annual Review

The Dubai International Financial Centre (“DIFC”), the financial and business hub connecting the region’s emerging markets with the markets of Asia, Europe and the Americas, today announced it has published its first Annual Review for DIFC Authority.

The DIFC Authority Annual Review 2011 provides an overview of DIFC Authority’s activities during the past year as well as its operations as a leading financial hub within the Middle East and its contributions to the community as both an art and retail destination. It also identifies the key individuals that have led, and continue to lead, DIFC.

The Review provides an overview of the year’s growth and highlights and a breakdown of the financial community that operates within the Centre. Updates on DIFC’s modern infrastructure and independent legal framework are featured in the Review. The development of DIFC’s physical infrastructure during the last year is catered to support client’s development and growth plans, while the progress and improvements made to the legal frameworks of the Centre aim to nurture best practice.

DIFC was established in 2004 as an onshore financial centre. Today, DIFC is a leading financial centre strategically located between the east and west, which provides a secure and efficient platform for business and financial institutions to reach into and out of the emerging markets of the region. The quality and range of DIFC’s independent regulation, common law framework, supportive infrastructure and its tax-free regime make it the perfect base to take advantage of the region’s rapidly growing demand for financial and business services.

The DIFC Authority Annual Review 2011 can be found here.