With its world class reputation, track record and infrastructure, it is only a matter of time before DIFC establishes itself as a leading financial hub.
For his part, Mr. Steffen Schubert CEO of DIFX will be addressing for the first time the opportunities for listing IPOs in DIFX and the variety of products that would be made available at the exchange soon. Concerning the future implications of DIFC in the region, Mr. Schubert is very optimistic, he says, "We are extremely enthusiastic about the launch of DIFX. We will soon witness a seamless flow of capital and a variety of financial products like Equities, Bonds, Funds, Islamic Products, Index Products, derivatives and others that are unique to the region. What will set us apart from other financial centers in the region is the fact that we will be comparable to the leading international stock exchanges in New York, London and Hong Kong in terms of the services that we will provide."
The formation of DIFX will open the gates to unparalleled opportunities by making it possible and easier to lay the foundation for a versatile network for enterprises looking to grow into global corporations - from startups to successful companies, entrepreneurs and businesses in the region.
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The Indus Entrepreneurs (TiE) holds a seminar on Dubai's capital market & opportunities for IPOs
- United Arab Emirates: Tuesday, April 19 - 2005 at 08:14
- PRESS RELEASE
With the creation of various components like the Dubai International Financial Exchange (DIFX) and Dubai Financial Services Authority (DFSA), Dubai International Financial Center (DIFC) promises to enter a new era by making Dubai a destination of choice for all kinds of financial transactions and instruments.
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Log in to request more information from The Indus Entrepreneurs (TiE)
Notes and media contacts
About TiE:TiE's mission is to foster and advance entrepreneurship across the globe. Its principle objective is to provide a platform on which people with entrepreneurial spirit and those interested in economic value creation can come together to share ideas. TiE endeavors to cultivate and nurture the ecosystems of entrepreneurship and free-market economics everywhere.
TiE was formed in 1992 at Silicon Valley by a group of entrepreneurs with the objective of sharing and giving back to society. Initially this small group of individuals launched monthly activities, which, in turn, attracted more members. By 1994, TiE had become a formal organization with a larger group of members and participants.
TiE remains a unique volunteer driven organization, with the single-minded focus on its objective. In Dubai TiE was launched in 2003.
For further information, please contact:
Amer Aidi / Tarek Lasheen / Abhishek Savant
Bates PanGulf PR
Tel: +971-4-2953456
Fax: +971-4-2247839
Posted by Anne-Birte Stensgaard, Senior News EditorTuesday, April 19 - 2005 at 08:14 UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC / Emap Limited.
This article was updated on Thu Aug 17 2006.
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