首页
外语
计算机
考研
公务员
职业资格
财经
工程
司法
医学
专升本
自考
实用职业技能
登录
外语
PASSAGE ONE (1) If you want to see what it takes to set up an entirely new financial center (and what is best avoided), he
PASSAGE ONE (1) If you want to see what it takes to set up an entirely new financial center (and what is best avoided), he
admin
2022-08-07
23
问题
PASSAGE ONE
(1) If you want to see what it takes to set up an entirely new financial center (and what is best avoided), head for Dubai. This tiny, sunbaked patch of sand in the midst of a war-torn and isolated region started with few advantages other than a long tradition as a hub for Middle Eastern trade routes.
(2) But over the past few years Dubai has built a new financial center from nothing. Dozens of the world’s leading financial institutions have opened offices in its new financial district, hoping to grab a portion of the $2 trillion-plus investment from the Gulf. Some say there is more hype than business, but few big firms are willing to risk missing out
(3) Dealmaking in Dubai centers around The Gate, a cube-shaped structure at the heart of the Dubai International Financial Centre (DIFC). A brainchild of the ruling Al-Maktoum family, the DIFC is a tax-free zone for wholesale financial services. Firms licensed for it are not approved to serve the local financial market. The DIFC aims to become the leading wholesale financial centre in the Gulf, offering one-stop shopping for everything from stocks to sukuk (Islamic) bonds, investment banking and insurance. In August the Dubai bourse made a bid for a big stake in OMX, a Scandinavian exchange operator that also sells trading technology to many of the world’s exchanges.
(4) Dubai may have generated the biggest splash thus far, but much of the Gulf region has seen a surge of activity in recent years. Record flows of petrodollars have enabled governments in the area to spend billions on infrastructure projects and development. Personal wealth too is growing rapidly. According to Capgemini and Merrill Lynch, the number of people in the Middle East with more than $lm in financial assets rose by nearly 12% last year, to 300,000.
(5) Qatar, Bahrain and Abu Dhabi also have big aspirations for their financial hubs, though they keep a lower profile than Dubai. They, too, are trying to learn from more established financial centers what they must do to achieve the magic mix of transparent regulation, good infrastructure and low or no taxes. Some of the fiercest competition among them is for talent. Most English-speaking professionals have to be imported.
(6) Each of the Gulf hubs, though, has its own distinct characteristics. Abu Dhabi is trying to present itself as a more cultured, less congested alternative to neighboring Dubai, and is building a huge Guggenheim museum. Energy-rich Qatar is an important hub for infrastructure finance, with ambitions to develop further business in wealth management, private equity, retail banking and insurance. Bahrain is well established in Islamic banking, but it is facing new competition from London, Kuala Lumpur and other hubs that have caught on to Islamic finance. "If you’ve got one string to your bow and suddenly someone takes it away, you’re in trouble," says Stuart Pearce of the Qatar Financial Centre about Bahrain.
(7) Saudi Arabia, by far the biggest economy in the Gulf, is creating a cluster of its own economic zones, including King Abdullah City, which is aimed at foreign investors seeking a presence in the country. Trying to cut down on the number of "suitcase bankers" who fly in from nearby centers rather than live in the country, the Saudis now require firms working with them to have local business licenses. Yet the bulk of the region’s money is still flowing to established financial centers in Europe, America and other parts of Asia.
(8) The financial hubs there offer lessons for aspiring centers in other parts of the developing world. Building the confidence of financial markets takes more than new skyscrapers, tax breaks and incentives. The DIFC, for instance, initially suffered from suspicions of government meddling and from a high turnover among senior executives. Trading on its stock market remains thin, and the government seems unwilling to float its most successful companies there. Making the desert bloom was never easy.
According to the passage, Dubai has built a new financial center ______.
选项
A、because of its innate advantages over other countries
B、thanks to the $2 trillion-plus investment from the Gulf
C、from its past tradition as a trade center in the Gulf
D、for it’s a war-torn and isolated region in the world
答案
B
解析
根据题目中的Dubai has built a new financial center定位到第2段。题干中的内容在原文第2段第1句出现,通读各选项,可知本题要找原因。该段第2句说到众多金融机构进入迪拜,是为了在海湾两万亿的投资中分得一杯羹,据此可推断这两万亿的投资是迪拜能建成一个新的金融中心的重要原因,因此选B。
转载请注明原文地址:https://kaotiyun.com/show/TXnD777K
0
专业英语八级
相关试题推荐
张明老师负责学生的成绩管理,他将初一年级三个班的成绩录入在了名为“Excel素材.xlsx”的Excel工作簿文档中。根据下列要求帮助张明老师对该成绩单进行整理和分析:复制工作表“第一学期末成绩”,将副本放置到原表之后;改变该副本表标签的颜色,并重新命
Therelationshipbetweenthehomeandmarketeconomieshasgonethroughtwodistinctstages.Earlyindustrializationbegant
Weallhave【C1】________dayswheneverything【C2】________wrong.Adaymaybeginwellenough,butsuddenlyeverythingseemstoget
Inwhatnowseemsliketheprehistorictimesofcomputerhistory,theearth’spostwarera,therewasquiteawide-spreadconcern
Whenshouldthewomandealwiththematter?
Accordingtothespeaker,howlonghasKettyPerryworkedasaconsultant?
Whodevelopedthisevening’seventaccordingtothetalk?
A、 B、 C、 D、 D认真观察图片可知,图中男士穿着工作服。而A选项中workingwithamachine的描述,B选项中carryinghersafetyhelmet的描述,明显不符合图片
PASSAGETWO(1)In1823,ThomasJeffersonwrote:"IamnotfullyinformedofthepracticesatHarvard,butthereisonefrom
A、Bothofthemneedspecialist’sadvice.B、Bothofthemcostalotofmoney.C、Neitherofthemcanbeachievedinshorttime.D、
随机试题
下列哪项不是地黄饮子所治瘖痱证的临床表现
肝脏是合成下列哪种物质的特异性器官
普鲁卡因过敏延迟反应常见的是
关于司法鉴定,下列哪些选项是正确的?
某施工单位拒不履行法院生效判决,现查明该单位在银行账户存有一笔款项,则法院可采取的强制执行措施是()。
2015年5月11日,中国人民银行对金融机构存贷款利率浮动区间进行了调整,调整为基准利率的()。
我国于1979年颁布的刑法规定了社区矫正的()。
《国家中长期教育改革和发展规划纲要(2010一2020年)》的灵魂是()。
设x=x(t)由sint-∫1x-te-u2du=0确定,求.
Itsoundslikeasciencefiction,butresearcherssayit’sascientificfact:Microscopicorganismsdubbed"killeralgae"arepa
最新回复
(
0
)