The chairman of Abu Dhabi Global Market, Ahmed Al Sayegh, says there is room for two financial free zones in the UAE to service the broader region.
“Discussions are under way with global giants of the financial sector,” Mr Al Sayegh said yesterday.
“Overall, we are pleased to share that there is already support for this initiative. Furthermore, there is an understanding that we have an opportunity to leverage the strengths of Abu Dhabi and the UAE.”
In May last year, Abu Dhabi revealed plans for a financial free zone similar to Dubai’s with its own court system and tax incentives to encourage international investment banks to set up shop in the capital.
The Abu Dhabi Global Market will be located on Al Maryah Island.
halsayegh@thenational.ae
mkassem@thenational.ae
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MATCH INFO
Euro 2020 qualifier
Fixture: Liechtenstein v Italy, Tuesday, 10.45pm (UAE)
TV: Match is shown on BeIN Sports
German intelligence warnings
- 2002: "Hezbollah supporters feared becoming a target of security services because of the effects of [9/11] ... discussions on Hezbollah policy moved from mosques into smaller circles in private homes." Supporters in Germany: 800
- 2013: "Financial and logistical support from Germany for Hezbollah in Lebanon supports the armed struggle against Israel ... Hezbollah supporters in Germany hold back from actions that would gain publicity." Supporters in Germany: 950
- 2023: "It must be reckoned with that Hezbollah will continue to plan terrorist actions outside the Middle East against Israel or Israeli interests." Supporters in Germany: 1,250
Source: Federal Office for the Protection of the Constitution
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UAE currency: the story behind the money in your pockets