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
(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. Th
(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. Th
admin
2021-09-18
31
问题
(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, sun-baked 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 $1m 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。细节辨析题,A中的innate advantages和第1段最后一句中的with few advantages other than相互矛盾;虽然文中提到迪拜历史上曾是中东商路枢纽。且饱受战乱摧残,但这两点与迪拜能成为金融中心无因果关系,因此C和D也不符合题意。
转载请注明原文地址:https://kaotiyun.com/show/VwIK777K
0
专业英语八级
相关试题推荐
(1)Oneoftheobviousproblemswithpredictingthefutureeffectsofclimatechangeisthattheyhaven’thappened.Thismakesc
A、EarlyinAugust.B、SometimeinJuly.C、InthemiddleofMay.D、NearlytheendofJune.B主持人问Sally现在的工作是否是临时的,何时结束,Sally回答说工作开
A、Itcontainslotsofissues.B、Itarousesreaders’thinking.C、Itcontainsacentraltheme.D、Itarousesreaders’understanding
HowInterpretersWork?I.UnderstandingA.Aboutwordsandexpressions—【T1】______wordsmaybeleftout:【T1】______—Ifnotknow
A、Askingasfewquestionsaspossible.B、Beingconfidenttotakecharge.C、Stressingyourqualificationandeducationbackground
Usually,therearetworeasonstopursuescientificknowledge:forthesakeoftheknowledgeitself,andforthepracticaluse
HowInterpretersWork?I.UnderstandingA.Aboutwordsandexpressions—【T1】______wordsmaybeleftout:【T1】______—Ifnotknow
A、Differentpassengershavedifferentschedules.B、Theairlinesencouragepeopletochooselesspopularflights.C、Thereisani
A、Buyingsomebooks.B、Preparingforlunch.C、Meetingwithfriends.D、Goingtohercompany.B女士在回答男士吃饭时是否抽烟这个问题时,忽然想起自己的丈夫和儿子还在等
A、Announcementofresults.B、Lackofatimeschedule.C、Slownessinballotscounting.D、Directionoftheelectoralevents.D细节辨认
随机试题
IngmaBergman’slatestworkasascreenwriteris"Sunday’sChildren".SetinruralSwedenduringthelate1920s,thestorycent
材料切削加工性是通过采用材料的硬度、抗拉强度、伸长率、冲击值、热导率等进行综合评定的。()
患者,男性,32岁,MRI检查发现左上颌窦腔内异常信号灶。图像如下,最可能的诊断为
石菖蒲的药用部位为( )。
一个有10个数据的样本,它们中的每一个分别与20相减后所得的差相加是100,那么这组数据的均值是()。
附带民事诉讼应当同刑事案件一并审判。()
我国实施国家信息化的总体思路之一是:全面推动领域信息化和()进程。
根据下面材料回答下列题:2007年劳动力需求最少的五个行业的劳动力总需求占我国劳动力总需求的比重是()。
男性,68岁。不慎跌倒,感左髋部疼痛。体检:左下肢短缩2cm、极度外旋畸形。常常提示
规模经济与规模不经济的原因。
最新回复
(
0
)