DIFC helping develop financial industry

The financial services industry in the Middle East is changing rapidly, as in the UAE, which is opening up, thanks to the initiative of Dubai International Financial City.

By A Staff Reporter

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Published: Wed 18 Aug 2004, 9:45 AM

Last updated: Tue 22 Nov 2022, 10:45 AM

Outsourcing continues to boom throughout the world and financial institutions are continuing to explore and increasingly outsource their non-core services as a way to achieve not only strategic goals, but improve customer satisfaction and reduce costs. This enables a company to focus resources on more critical core business functions such as new product development and market expansion, while leaving operational details to outside experts.

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