Falcon and Associates

‘DIFC pledges support to China’s OBOR development initiative’


Dubai International Financial Centre (DIFC) has pledged to support China’s ‘One Belt, One Road’ (OBOR) development...


Dubai International Financial Centre (DIFC) has pledged to support China’s ‘One Belt, One Road’ (OBOR) development initiative in realising its own growth objectives over the next decade. DIFC’s leadership team visited Beijing and Shanghai last week to announce the Centre’s expansion plans, which will see it triple in size by 2024. China is the first country outside the UAE to have been chosen for a formal unveiling of the strategy. Speaking to journalists in Beijing on Friday, Eisa Kazim, Governor of DIFC, said that the Centre’s position at the heart of MEASA, a vast economic region with an estimated combined GDP of US$7.9 trillion, would help China catalyse the OBOR trade and investment initiative.

Go to original article

Gulf News, Khaleej Times, The National, Arabian Business, CPI Financial


Return to News