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Dubai International Finance Centre
The Dubai International Financial Centre (DIFC) is a special economic zone in Dubai covering , established in 2004 as a financial hub for companies operating throughout the Middle East, Africa and South Asia (MEASA) markets. DIFC is regulated by the Dubai Financial Services Authority, an independent regulator exclusive to the zone, and by its own court system, DIFC Courts, separate from the Emirate of Dubai's legal system and that of the federal government of the UAE. DIFC follows the common law framework and operates in English. The freezone houses financial institutions, and wealth funds in addition to retail and hotel space dedicated to the free zones. DIFC is one of Dubai's independent free-zones; it offers companies 100% ownership without the need for a local partner. DIFC offers clients a 50-year guarantee of zero taxes on corporate income and profits, complemented by the UAE's network of double taxation treaties. Independent jurisdiction The DIFC is an independent jurisdi ...
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Governmental Organization
A government or state agency, sometimes an appointed commission, is a permanent or semi-permanent organization in the machinery of government that is responsible for the oversight and administration of specific functions, such as an administration. There is a notable variety of agency types. Although usage differs, a government agency is normally distinct both from a department or ministry, and other types of public body established by government. The functions of an agency are normally executive in character since different types of organizations (''such as commissions'') are most often constituted in an advisory role—this distinction is often blurred in practice however, it is not allowed. A government agency may be established by either a national government or a state government within a federal system. Agencies can be established by legislation or by executive powers. The autonomy, independence, and accountability of government agencies also vary widely. History Early exa ...
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Angus Glennie, Lord Glennie
Angus James Scott Glennie, Lord Glennie, (born 3 December 1950) was a Senator of the College of Justice, and Principal Commercial Judge in the Court of Session, in Scotland. Early life Glennie was educated at Sherborne School in Dorset, and at Trinity Hall, Cambridge (M.A. Hons.). He was called to the Bar at Lincoln's Inn in 1974. He was appointed a Bencher in 2007. Legal career Whilst at the English Bar, Glennie worked mainly in commercial and international arbitration before the Commercial Court and Court of Appeal. He took silk there in 1991, and the following year was admitted to the Faculty of Advocates. Again, he practised mostly in commercial law, but also worked in other areas, such as judicial review and reparation. He was appointed Queen's Counsel in Scotland in 1998. He was appointed to the Bench of the Court of Session and High Court of Justiciary in 2005, as a Senator of the College of Justice, with the judicial title, Lord Glennie. He worked originally as an Inte ...
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The Index (Dubai)
The Index is a tall, 80-storey skyscraper in Dubai, United Arab Emirates. Of the 80 floors, the first four floors are service floors, 5th–29th are to be offices and 31st–77th are residential use, 73rd and 75th floors are duplex penthouses and 77th to 80th floor are triplex penthouses. The tower is oriented exactly along the east–west axis so that the eastern and western concrete cores shelter the floors from the harsh, desert sun and the climatic effects of the area. The concrete cores shelter the building from the low angle, highly penetrating morning and evening sun leaving only the south facade exposed to the high angle, low penetrating midday sun. The south-facing facade utilizes extensive sun shades to lower solar gain. The Index is one of the first towers in the region to intelligently embrace its climatic surrounding environment within its fundamental design principles. The tower's environmental strategy significantly lowers the requirement for air conditioning within ...
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Sky Gardens
The Sky Gardens is a 45-floor tower in the Dubai International Financial Centre in Dubai, United Arab Emirates The United Arab Emirates (UAE; ar, اَلْإِمَارَات الْعَرَبِيَة الْمُتَحِدَة ), or simply the Emirates ( ar, الِْإمَارَات ), is a country in Western Asia (The Middle East). It is located at th .... The tower has a total structural height of 160 m (525 ft), 575 units vary from studio,1,2,3 bedroom and 7 luxury penthouses. Sky Gardens was delivered by Caddick Developments, with construction completed in 2008. Construction started in March 2005."Al Mazaya launches Sky Gardens in DIFC, Dubai"
''Prop Dubai'', 30 November 2005. Accessed 1 March 2016.


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Emirates Financial Towers
Emirates Financial Towers is a 27 story twin-tower commercial development located in the Dubai International Financial Centre, Dubai’s central financial district. The development, which was completed and handed over in June 2011, consists of office and retail units and the towers are connected on the 16th floor by a glass skybridge, designed as a food and beverage space. Emirates Financial Towers holds the Guinness World Record for the largest automated parking system in the world. The development was a joint venture between ENSHAA PSC ENSHAA PSC is a developer of projects and a hospitality service provider based in the United Arab Emirates. Their CEO is Raza Jafar. ENSHAA currently operates in the GCC region while also expanding into international markets. The firm's major sha ... and MAG Group. References External links New office spaces to test Dubai’s marketEmirates Financial Towers in Aboutdubai.com {{coord missing, United Arab Emirates Buildings and structu ...
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DIFC Tower
DIFC towers is a complex of two supertall vision skyscrapers in DIFC, Dubai, UAE. DIFC tower 1 will have 100 floors and DIFC tower 2 will have 75 floors. The two towers will be connected by three bridges. It is planned that 85 percent of the towers will be office space and the remaining space will be retail Retail is the sale of goods and services to consumers, in contrast to wholesaling, which is sale to business or institutional customers. A retailer purchases goods in large quantities from manufacturers, directly or through a wholesaler, and t ... and apartments. DIFC towers will be the second office tower in Dubai after Lighthouse tower, which incorporates wind turbines so that the building will be able to reduce the consumption of energy and water by 65 and 40 percent respectively. A total of 4,000 solar panels will be installed in the towers. The DIFC towers will cost around US$816.7 million. The whole complex will be built on of land in DIFC. See also * List of t ...
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Financial Technology
Fintech, a portmanteau of "financial technology", refers to firms using new technology to compete with traditional financial methods in the delivery of financial services. Artificial intelligence, blockchain, cloud computing, and big data are regarded as the "ABCD" (four key areas) of fintech. The use of smartphones for mobile banking, investing, borrowing services, and cryptocurrency are examples of technologies designed to make financial services more accessible to the general public. Fintech companies consist of both startups and established financial institutions and technology companies trying to replace or enhance the usage of financial services provided by existing financial companies. A subset of fintech companies that focus on the insurance industry are collectively known as insurtech or insuretech companies. Key areas Academics Artificial intelligence (AI), blockchain, cloud computing, and big data are considered the four key areas of FinTech. Artificial intelli ...
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Initial Public Offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges. Through this process, colloquially known as ''floating'', or ''going public'', a privately held company is transformed into a public company. Initial public offerings can be used to raise new equity capital for companies, to monetize the investments of private shareholders such as company founders or private equity investors, and to enable easy trading of existing holdings or future capital raising by becoming publicly traded. After the IPO, shares are traded freely in the open market at what is known as the free float. Stock exchanges stipulate a minimum free float both in absolute terms (the total value as determined by the share price multiplied by the ...
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DP World
DP World is an Emirati multinational logistics company based in Dubai, United Arab Emirates. It specialises in cargo logistics, port terminal operations, maritime services and free trade zones. Formed in 2005 by the merger of Dubai Ports Authority and Dubai Ports International, DP World handles 70 million containers that are brought in by around 70,000 vessels annually. This equates to roughly 10% of global container traffic accounted for by their 82 marine and inland terminals present in over 40 countries. Until 2016, DP World was primarily a global ports operator, and since then it has acquired other companies up and down the value chain. History Early history Dubai Ports International (DPI) was founded in 1999. Its first project was at Jeddah, Saudi Arabia, collaborating with a local partner on the management and operation of the South Container Terminal (SCT). DPI then went on to develop operations at the ports of Djibouti in 2000, Vizag, India in 2002 and Constanta, Rom ...
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Ivana Bacik
Ivana Catherine Bacik (born 25 May 1968) is an Irish Labour Party politician who has been Leader of the Labour Party since 24 March 2022 and a Teachta Dála (TD) for the Dublin Bay South constituency since winning a by-election on 9 July 2021. Bacik previously served as Leader of the Labour Party in the Seanad from 2011 to 2021, and a Senator for the Dublin University constituency from 2007 to 2021. She previously served as Deputy leader of Seanad Éireann from 2011 to 2016. Bacik is known in particular for her abortion rights campaigning since the 1980s, and her high media profile. Personal life Bacik's paternal grandfather, Charles Bacik, was a Czech factory owner who moved to Ireland in 1946. He eventually settled in Waterford and in 1947 was involved in the establishment of Waterford Crystal. Her mother's side of the family are Murphys from County Clare. Her father was an astronomer and took employment in a number of locations. As a result, she lived in London and So ...
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Peter Kelly (judge)
Peter Thomas Kelly (born 17 June 1950) is an Irish lawyer who held various judicial roles between 1996 and 2020. He began his career working in the civil service, before becoming a successful barrister. He was first appointed a Judge of the High Court in 1996, having an instrumental role in the establishment of the Commercial Court division of the court in 2004. He was one of the first judges appointed to a new Court of Appeal when it was established in 2014. He returned to the High Court in 2015 on becoming the President of the High Court, a role which he held until retiring in 2020. He was an ''ex officio'' member of the Supreme Court of Ireland while President of the High Court. Early career Kelly was born in Dublin in 1950 and attended O'Connell School. Upon leaving school, he worked as a civil servant at the High Court Central Office. He was educated at University College Dublin and the King's Inns. He was called to the Bar in 1973. Kelly then worked in the European Div ...
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