Arab Today, arab today uae’s goal of ‘developed market status’ hailed
Last Updated : GMT 03:52:17
Arab Today, arab today
Arab Today, arab today

UAE’s goal of ‘developed market status’ hailed

Arab Today, arab today

Arab Today, arab today UAE’s goal of ‘developed market status’ hailed

Following global markets index
Dubai - WAM

Following global markets index provider MSCI's upgrading of the U.A.E. to emerging market status, the country's next goal is to win ‘developed market' ranking by 2018.
The bold new goal has been hailed, among others, by Fortress Investments, a leading investment firm operating in the Middle East, which says that this demonstrates the U.A.E.'s insatiable thirst for higher international rankings and thus play a more pivotal financial role globally.
"The U.A.E.'s new drive to position itself as a strategic financial hub for a wider market covering Middle East and Africa (MEA) is of significant value to investments consultancies like ours,” said Hamed Mokhtar, managing director at Fortress Investments. "This gives room for U.A.E.-based regional consultants to tap a wider client base, leveraging the rising financial stature of the U.A.E..”
"Financial institutions see in the U.A.E. an ideal venue to manage their capital effectively with fewer constraints than the European and American markets,” stressed Mokhtar. "The financial infrastructure in the U.A.E. matches that of cities with great legacy in finance, such as Dublin, for instance. Both ends of the financial process — clients and consultancies — see in the U.A.E. a modernised market to maximise ROI.”
Emphasising the role of Dubai in the regional financial sector, Mokhtar added: "Dubai is a gateway for capital and investment in the region. It offers a supportive platform for financial institutions and service providers to develop their business along globally benchmarked regulations.”
Fortress Investments represents a broad portfolio of clients across diverse sectors, and Mokhtar believes that the growing role of Dubai in attracting foreign funds is a win-win for investment consultancy like Fortress Investments.
He added: "Dubai serves as a magnet for attracting funds when viewed against the uncertainty that dogs the financial sector in most parts of the world. Dubai's other winning edge is its proximity to Gulf capital, among the largest in the world.”
Mokhtar concluded: "Being a Dubai-based private banking and wealth management consultancy gives us an edge to deliver holistic solutions to our clients anywhere in the world. We treat each client's requirements as a separate case and deliver comprehensive financial solutions designed to boost their financial equity.”

 

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today uae’s goal of ‘developed market status’ hailed Arab Today, arab today uae’s goal of ‘developed market status’ hailed

 



Arab Today, arab today
Arab Today, arab today Fadi explains secrets of  Nancy Ajram's newlook

GMT 18:23 2017 Friday ,24 February

Fadi explains secrets of  Nancy Ajram's newlook
Arab Today, arab today Tourist guide explains types of tourism

GMT 18:28 2017 Saturday ,25 February

Tourist guide explains types of tourism
Arab Today, arab today Expresses Algerian history by woody figures

GMT 13:26 2017 Friday ,24 February

Expresses Algerian history by woody figures
Arab Today, arab today Iran complying with nuclear deal

GMT 07:14 2017 Saturday ,25 February

Iran complying with nuclear deal
Arab Today, arab today Ayat Abaza says state TV presented major stars

GMT 03:52 2017 Sunday ,26 February

Ayat Abaza says state TV presented major stars
View News in Arabic - Business: اقتصاد عربي
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Reading therapy relieves mental disorders

GMT 15:39 2017 Friday ,24 February

Reading therapy relieves mental disorders
Arab Today, arab today UK appoints 1st Scotland Yard chief in 188 years

GMT 05:14 2017 Thursday ,23 February

UK appoints 1st Scotland Yard chief in 188 years
Arab Today, arab today Penguins in the age of dinos

GMT 11:44 2017 Saturday ,25 February

Penguins in the age of dinos
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today 'Constructive' Vauxhall talk with union

GMT 08:54 2017 Saturday ,25 February

'Constructive' Vauxhall talk with union
Arab Today, arab today Tesla back into red but revenue grows

GMT 07:27 2017 Thursday ,23 February

Tesla back into red but revenue grows
Arab Today, arab today Actress Lobna Abdel Aziz proud of her career

GMT 06:08 2017 Thursday ,23 February

Actress Lobna Abdel Aziz proud of her career
Arab Today, arab today Ex-yoga missionary unleashes rage

GMT 12:16 2017 Thursday ,23 February

Ex-yoga missionary unleashes rage

GMT 07:36 2017 Wednesday ,22 February

Wafaa Amer is happy for Sherihan’s return

GMT 12:35 2017 Tuesday ,21 February

63-Year-Old Woman Delivers Baby

GMT 22:42 2017 Thursday ,23 February

Nasima Gamei revives heritage in jewelries

GMT 10:28 2017 Wednesday ,22 February

Milan laughs while Rome cries

GMT 20:33 2017 Friday ,17 February

To release new antiques collection

GMT 10:20 2017 Thursday ,23 February

Brazil's top diplomat resigns

GMT 11:54 2017 Thursday ,23 February

Saudis await visitors but will they come?

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 20:02 2017 Tuesday ,21 February

Nohan Seyam designs beautiful accessories
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday