The Dubai International Financial Centre
NASDAQ Dubai is located in the Dubai International Financial Centre (DIFC), a financial free zone which opened for business in 2004. Financial activities in the DIFC are governed to international standards by an independent regulator, the Dubai Financial Services Authority (DFSA). NASDAQ Dubai has a license from the DFSA to operate an exchange. The President of the DIFC is Sheikh Mohammed bin Rashid Al Maktoum, the UAE Vice President, Prime Minister and Ruler of Dubai.
Read more about this topic: NASDAQ Dubai
Famous quotes containing the words financial and/or centre:
“One of the reforms to be carried out during the incoming administration is a change in our monetary and banking laws, so as to secure greater elasticity in the forms of currency available for trade and to prevent the limitations of law from operating to increase the embarrassment of a financial panic.”
—William Howard Taft (18571930)
“Freedom to think our own thoughts, freedom to utter them, freedom to live out the promptings of our inner life ultimated in this convention, was termed a monstrosity of the 19th century. What was it?the legitimate out-birth of the eternal law of progress. This reformation underlies every other; it is the only healthful centre around which hope of humanity can revolve.”
—Harriot K. Hunt (18051875)