Abu Dhabi said its planned financial free zone would offer a wide range of services, from banking to fund management and commodities trading, and would aim to fill a gap in financial markets’ coverage of the global day. In February, United Arab Emirates President Sheikh Khalifa bin Zayed al-Nahayan passed a federal decree to create the zone on Al Maryah island, close to Abu Dhabi’s downtown area. Announcing details of the plan on Wednesday, the emirate left little doubt that its zone, to be called the Global…
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Abu Dhabi says financial zone will bridge a gap
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