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One of the key elements of the center is a privately held financial exchange that opened in September 2005 as Dubai International Financial Exchange (DIFX) but was rebranded as NASDAQ Dubai in 2008. The trading hours of NASDAQ Dubai are from 10:00 a.m. to 2:00 p.m. (6:00 a.m. to 10:00 a.m. GMT), from Sunday to Thursday. [10]
Fidelity National Information Services, Inc. (FIS) is an American multinational corporation which offers a wide range of financial products and services. FIS is most known for its development of Financial Technology, or FinTech, and as of Q2 2024 it offers its solutions in two primary segments: Banking Solutions & Capital Market Solutions ...
Migrant workers in the United Arab Emirates describe the foreign workers who have moved to the United Arab Emirates (UAE) for work. As a result of the proximity of the UAE to South Asia and a better economy and job opportunities, most of the migrant foreign workers are from India, Nepal, Sri Lanka, Bangladesh, Philippines and Pakistan.
[5] [6] Prior to this, D'Agostino was known primarily for his involvement in the early development of the Dubai Mercantile Exchange. [6] [7] In 2021, Mr. D'Agostino co-founded the Alternative Investment Management Association (AIMA) Digital Asset Working Group. [8] He was named Fellow of the AIF Global Innovation Institute in 2022. [9]
Tourism is a major economic source of income in Dubai and part of the Dubai government's strategy to maintain the flow of foreign cash into the emirates. [19] The tourism sector contributed in 2017 about $41 billion to the GDP, making up 4.6% of the GDP, and provided some 570,000 jobs, accounting for 4.8% of total employment. [20]
The Microsoft sign at the entrance of the Dubai Microsoft campus, Dubai Internet City. IBM building as seen from the Dubai Internet City amphitheatre.. Dubai Internet City (DIC) [1] (Arabic: مدينة دبي للإنترنت) is a neighborhood and an information technology and business park created by the Government of Dubai as a free economic zone in Dubai, United Arab Emirates.
In 2017, FIS sold a majority stake in Capco to Clayton, Dubilier & Rice (CD&R), a private equity firm based in New York, making Capco an independent company again. [9] FIS continues to retain a 40 percent equity interest in the company. [10] On 4 March 2021, Wipro announced that it had acquired Capco for US$1.45 billion.
The city is expected to accommodate around 500,000 people when it is completed by 2015. Dubai Industrial City encompasses six zones: [2] Zone 1: Food and Beverage; Zone 2: Transport Equipment and Parts; Zone 3: Machinery and Equipment; Zone 4: Mineral Products; Zone 5: Base Metal; Zone 6: Chemicals; International Humanitarian City is located to ...
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