Middle East Financial Hubs - DIFC: Insurance Oasis Between The Atlantic And The Indian Ocean

Source: Middle East Insurance Review | Sep 2006

The region stretching from the western tip of North Africa to the eastern part of South Asia currently lacks a world-class financial centre. The DIFC, which opened in September 2004, aims to step into the void to be a financial hub for the region. This targeted market comprises 42 countries with a population of 2.1 billion people and a combined GDP of US$1.8 trillion.

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