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
66
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, which of the following about. Dubai is INCORRECT?
选项
A、It enjoys record flows of petrodollars.
B、Personal wealth too is growing rapidly.
C、It has the same scale of financial hubs with Qutar and Bahrain.
D、Billions are spent on infrastructure.
答案
C
解析
根据各选项内容定位到第4和第5段。第5段第1句表明卡塔尔、巴林和阿布扎比虽然都有雄心成为金融中心,但它们的经济规模仍不及迪拜,C称卡塔尔、巴林和迪拜有同样规模的金融中心,明显不对,故选C。
转载请注明原文地址:https://kaotiyun.com/show/UXnD777K
0
专业英语八级
相关试题推荐
利用对话框提示用户输入查询条件,这样的查询属于( )。
考生文件夹下存在一个数据库文件“samp3.accdb”,里面已经设计好表对象“tStudent”,同时还设计出窗体对象“fQuery”和“fStudent”。请在此基础上按照以下要求补充“fQuery”窗体的设计:将窗体边框改为“对话框边框”样式,取
下列各选项中,不属于Internet应用的是()。
Internet实现了分布在世界各地的各类网络的互联,其最基础和核心的协议是
Somepeoplemakeyoufeelcomfortablewhentheyarearound.【B1】________Thesepeoplehavesomethingincommon.Andonceweknoww
EachtimeItaketheunderground1findmyself【K1】________(surround)bydozensofpassengersplayingsmart-phones.Theyalmostw
Whatiswrongwiththeman’scomputer?
PASSAGEONEWhatdid"thisdream"inPara.16mean?
PASSAGETWO(1)In1823,ThomasJeffersonwrote:"IamnotfullyinformedofthepracticesatHarvard,butthereisonefrom
A、Reducedagriculturaloutput.B、Slightcostalpropertylosses.C、Doublehigh-temperaturedays.D、Increasednaturaldisasters.A
随机试题
提出美术的本质是对现实摹仿这一观点的是()。[江西2020]
以下哪一种药物属于乳腺癌化疗常用的CMF方案
哮喘的病机关键是
对检定、校准和检测实施控制的日的是为了获得相应的__________,并对其进行分析,判断结果是否准确可靠。
某项目借款2000万元,借款期限3年,年利率为6%。若每半年计复利一次,则实际年利率会高出名义利率()。[2017年真题]
关于项目决策与造价的关系,下列说法中错误的是()。
荷载按是否随时间变化可划分为()。
股票的市场价格与认股权证的认购价格之间的差额就是认股权证的理论价值。()
某国家工作人员李某与社会上的张某勾结,由李某利用职务便利同张某共同骗取国家大量财物。对上述行为的定性为()。
ThanksgivingDayisoriginatedin______.
最新回复
(
0
)