VOL. XLV

No 8

25-February-2002

DUBAI

Dubais International Financial Center Questions Remain

The Crown Prince of Dubai andMinister of Defense, Shaikh Muhammad bin Rashid Al Maktum, announced on 16February that legislation a 34-article law to be known as Law No 3 of 2002had been passed which would lead tothe establishment of Dubai International Financial Center (DIFC). ShaikhMuhammads words were short on detail, but, according to the official EmiratesNews Agency, WAM, the center will be...