The gate keeper

by Tamara Walid on Sunday, 10 August 2008

Dubai International Financial Centre CEO Nasser Al Shaali reveals how DIFC is coping with a new influx of foreign arrivals, fleeing the distressed markets of Europe and the US.


The revolving doors of the Dubai International Financial Centre have not stopped spinning this summer as big international banks have moved key staff to tap rising liquidity and growing demand for financial services.

Looking on happily has been their collective landlord, 32-year-old Nasser Al Shaali, the US-educated CEO of the financial hub who says that for the first time, international banks are moving their global divisional heads to the region from Wall Street and the Square Mile.

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