The Rising Trend Of Public Private Partnerships In The Middle East

¬†Governments in the Middle East are in the process of rapidly developing their physical and social infrastructures to provide necessary services to their citizens. In this regard, a public private partnership (PPP) can be a viable option to construct or develop a wide range of these infrastructure projects, including highways, power plants, bridges, pipelines, ports, […]

Data Protection Rules In The Dubai International Financial Centre

By Arti Sangar Arti Sangar is a partner in the Dubai offices of Diaz Reus LLP Businesses in the Dubai International Financial Centre (DIFC) and in particular, banking and financial organizations are increasingly processing and exchanging individual data electronically. Many businesses, understandably, consider data protection irrelevant to their operations and are not aware of its […]

Qatar Competes for Financial Services with $2 Billion

Qatar’s sovereign wealth fund is dangling up to $2 billion in front of wealth management companies in an effort to attract them to its small Qatar Financial Center. Competition for financial services in the GCC is fierce, particularly from Dubai’s International Financial Center which has been gaining traction. A major factor in Dubai’s favor is […]

Dubai Debt Poses Challenges in 2012

2012 will be a challenge for Dubai according to financial strategists who say that the emirate must find a way to settle $10 billion in debt due over the year ahead. The debt is a legacy of the financial boom experienced between 2002 and 2008, and became a serious, pressing problem when developer Dubai World […]