Friday, September 15, 2006

UBS gains approval to open Dubai office

"UBS obtains license to set up branch in the Dubai International Financial Centre", UBS Press Release, September 14, 2006

UBS has been cleared to open a branch in the Dubai International Financial Centre (DIFC) by the Dubai Financial Services Authority. UBS hopes that they can "use the new DIFC branch to grow its already well-established Islamic Finance capability in the region and become a leading force in Shari’a product development and structuring within the Gulf region."

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