NO. 9


Financial and Banking News

Dubai Stakes Claim As Offshore Banking Center

Bankers attending Dubai's inaugural "Financial Forum" conference on19-20 November were left in no doubt that the Emirate wants to offer offshorebanking facilities as part of its bid to become the Gulf's principal center forbanking and finance*. Both Mr. Muhammad al-'Abbar, the Director General ofDubai's Economic Planning Department, and Mr. Anis Jallaf, the Managing Directorof Emirates Bank...