Financial centre

A financial centre is a location that is home to a cluster of nationally or internationally significant financial services providers such as banks, investment managers or stock exchanges. A prominent financial centre can be described as an international financial centre or a global financial centre and is often also a global city. An offshore financial centre is typically a smaller, low-tax jurisdiction that primarily serves non-residents.

Background

Financial centres are locations with an agglomeration of participants in financial markets and venues for these activities to take place. Participants can include financial intermediaries (such as banks), institutional investors (such as investment managers), as well as central banks. Trading activity may take place on venues such as exchanges and involve clearing houses, although many transactions take place over-the-counter (OTC), that is directly between participants. Financial centres may host companies that offer advisory services, for example relating to mergers and acquisitions, or which participate in other areas of finance, such as private equity and reinsurance.

Financial Centre (Dubai Metro)

Financial Centre (Arabic: المركز المالي, Arabic pronunciation: [alˈmarkaz almaːliː]) is a rapid transit station on the Red Line of the Dubai Metro in Dubai.

Location

Located southwest of the historic centre of Dubai, Financial Centre station lies between Bur Dubai and many of the city's larger new developments. To the east is the Dubai International Financial Centre, after which the station is named. Nearby residential buildings include The Index and the Park Towers at DIFC, as well as numerous hotels.

History

Financial Centre station opened on 9 September 2009 as part of the initial stretch of the Dubai Metro, with trains running from Rashidiya to Nakheel Harbour and Tower to Deira City Centre and seven other intermediate stations. Other stations on the Red Line opened progressively over 2010 and 2011.

Station layout

Like many other stations on the Red Line, Financial Centre lies on a viaduct paralleling the eastern side of Sheikh Zayed Road. It is classified as a type 2 station, indicating a setup with an elevated concourse and two side platforms with two tracks.

Podcasts:

PLAYLIST TIME:

Latest News for: financial centre

Edit

HCM City rises 7 places in Global Financial Centres Ranking

Vietnam News 22 Mar 2025
HCM City has climbed seven places to 98th out of 119 cities in the Global Financial Centres Index (GFCI) this year, marking its highest ranking since it was first included in the index in 2022 at 102nd position.
Edit

GAFI and Mashreq Bank to promote investment opportunities in Egypt

Daily News Egypt 22 Mar 2025
... serves investors and individuals in key global financial centres, especially the United Arab Emirates, which is currently the top investing country in Egypt,” said Hossam Heiba, CEO of GAFI.
Edit

Dubai Overhauls Financial Regulations to Attract Global Hedge Funds

The Arabian Post 22 Mar 2025
The Dubai International Financial Centre , established in 2004, operates as an independent jurisdiction within the United Arab Emirates, with its own legal and regulatory framework based on international standards and principles of common law.
Edit

Lansing Art Gallery at downtown Knapp's Centre to close this spring due to financial struggles

Lansing State Journal 22 Mar 2025
Board officials made an official announcement Saturday, months after an August “Not Dead Yet” fundraiser when they made their financial struggles public ... Washington Square into the downtown Knapp's Centre, 300 S.
Edit

Welcome to the Cyprus Matrix

CyprusMail 22 Mar 2025
EU funding runs out next month (it was only ever intended for seven years), and the centre still isn’t 100 per cent financially independent – but it’s getting there, forming consortiums with other ...
Edit

Experts stress glacier conservation as climate change threatens water resources

Dawn 22 Mar 2025
He praised the work of the Everest-K2 Research Centre but emphasized the urgency of further action. Assuring full financial support for the Climate Change Ministry, he warned that failure to act would severely harm Pakistan’s economy.
Edit

Reeves can reap the rewards of America’s economic self-harm

The Daily Telegraph 22 Mar 2025
This attitude has been key to establishing the City as Europe’s primary financial centre, and it now stands the UK in good stead as a haven from the policy uncertainty that is sweeping the US.
Edit

Emotional George Foreman reveals how he 'died and came back to life' in reemerged clip ...

The Daily Mail 22 Mar 2025
'Things changed for me,' he said. 'I definitely died ... After almost ten years outside the ring, Foreman made a decision to return in 1987 in order to raise funds for his youth centre amid some major financial struggles ... 'Dead ... I was dead ... BREAKING NEWS ... .
Edit

Unilateral Coercive Measures and the War on Women

Scheerpost 22 Mar 2025
Because the United States is at the centre of the international financial system (with the dollar, the SWIFT global payments system, and its veto power in the International Monetary Fund), it is able ...
Edit

Tumblers of brandy before breakfast. A £10,000-a-week heroin habit. And a love life as outrageous ...

The Daily Mail 22 Mar 2025
First proof of this was his financial support of a drug and alcohol rehab centre on the Caribbean island of Antigua ... McEnery whom he’d met at an auction of some of his guitars for the rehab centre.
Edit

We found cheap tickets to see Counting Crows with The Gaslight Anthem

New York Post 22 Mar 2025
Vivid Seats is the New York Post's official ticketing partner. We may receive revenue from this partnership for sharing this content and/or when you make a purchase ... start at ... (fees included) ... July 31 at the Smart Financial Centre in Sugar Land, TX$56.
Edit

Dubai rated as a top 5 FinTech city and climbs financial centre rankings

Arabian Business 21 Mar 2025
Dubai emerging as one of the most important financial centres in the world in respected ranking ....
Edit

Hong Kong maintains third place in Global Financial Centres Index and leads in investment management.

Hong Kong Standard 21 Mar 2025
The UK-based Z/Yen Group and the Shenzhen-based China Development Institute recently unveiled the 37th edition of the Global Financial Centres Index on Thursday ... Financial Secretary Paul Chan Mo-po ...
Edit

Vietnam Intellectual Association in Belgium, Luxembourg launched

Vietnam News 21 Mar 2025
... operating, and developing financial centres in Việt Nam ... He expressed confidence that these ideas and initiatives will play a vital role in the future development of Việt Nam's financial centres.
Edit

Chandigarh MC’s fund crisis to continue next financial year: Expect worse roads, no development

The Times of India 21 Mar 2025
Sources, however, said no immediate financial help was expected as the financial year was set to start soon.Centre silent after governor's letterSources in UT administration said the Centre is not ...
×