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
29
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
有如下类定义:classCup{public:_______________//构造函数声明private:doubleprice;
在某卫生站工作的营养科医生李一凡,要为社区居民制作一期关于巧克力知识的宣传页。按照如下要求帮助他完成此项工作。按照下列要求设置文档中的图片:①将标题“历史发展”、“加工过程”和“饮食文化”下方的3张图片的文字环绕方式都设置为“紧密型”,适当调整图片
Therelationshipbetweenthehomeandmarketeconomieshasgonethroughtwodistinctstages.Earlyindustrializationbegant
Weallhave【C1】________dayswheneverything【C2】________wrong.Adaymaybeginwellenough,butsuddenlyeverythingseemstoget
Weallhave【C1】________dayswheneverything【C2】________wrong.Adaymaybeginwellenough,butsuddenlyeverythingseemstoget
Whendoesthisconversationtakeplace?
Morethantwo-thirdsofadultsintheUnitedStatesareoverweightandhalfofthemaretryingtoloseweight.Accordingtoare
Accordingtotheman,whatwastheproblemwithlastyear’spamphlets?
Whowillthewomanseebeforesheleaves?
随机试题
吴茱萸汤的主治症可见
牛肉膏汤的特点是
糖尿病型牙周病的特征为
腹部肿块,痛无定处,而按之无形者,为
现代研究表明,人参的药理作用是()。
某外商独资企业经葫芦岛市人民政府批准成立。现该企业欲以其厂房作抵押,向某银行贷款1000万元。若该企业的抵押行为有效应符合下列()条件。
利用()可以直观地表示出所有的工作环节的顺序及其相互之间的依赖制约关系,能够将各种分散的数据加工处理成项目管理所需要的信息,从而成为项目高层管理者进行项目控制的重要工具。
根据施工合同,甲建设单位应于2014年9月30日支付乙建筑公司工程款。2015年6月1日,乙单位向甲单位提出支付请求,则就该项款额的诉讼时效()。
企业的社会责任是企业在谋求所有者权益最大化之外所承担的维护和增进社会利益的义务,一般划分为企业对社会公益的责任和对债权人的责任两大类。()
教师要崇尚科学精神,树立终身学习理念,拓宽知识视野,更新知识结构。潜心钻研业务,用于探索创新,不断提高专业素养和教育教学水平。这说明教师要树立()职业道德。
最新回复
(
0
)