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
2022-08-27
122
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.
By saying "making the desert bloom was never easy" in Para. 8, the author means ______.
选项
A、new skyscrapers need to be built to guarantee the confidence of financial markets
B、cutting on taxes and giving more incentives brings the confidence of financial markets
C、the government is trying to bring the confidence of financial markets down
D、it takes great efforts to build the confidence and prosperity of financial markets
答案
D
解析
根据题干直接定位到最后一段。从最后一段以及前文的描述不难总结出,建立金融市场的信心仅仅靠建几座摩天大楼、减税及政策性激励是不够的,它需要多方面的努力,应选D。、
转载请注明原文地址:https://kaotiyun.com/show/ZnjJ777K
0
专业英语八级
相关试题推荐
ThenewsportscomplexwillaccommodateanOlympic-sizedswimmingpoolandother________。includingafitnesscenterandaspa
Ifyouhavenotreceived________ofyourorderwithintwobusinessdays,pleasecontactourcustomerservicecenter.
PASSAGEFOURWhatdidthe"Polishsoil"inPara.4indicate?
PASSAGEFOURWhydidChopinwrite"RevolutionaryEtude"?
PASSAGEFOURWhydidChopinlikeplayinginprivatesettings?
PASSAGETWOWhatisthetallestgirl’sroleduringonedance?
PASSAGEFOUR(1)FredericChopinwasborninZelazowaWola,Poland,onFebruary22,1810,toaFrenchfatherandPolishmoth
PASSAGEFOUR(1)FredericChopinwasborninZelazowaWola,Poland,onFebruary22,1810,toaFrenchfatherandPolishmoth
PASSAGEFOUR(1)FredericChopinwasborninZelazowaWola,Poland,onFebruary22,1810,toaFrenchfatherandPolishmoth
随机试题
诊断恶性肿瘤的主要根据是
A.双趋冲突B.双避冲突C.趋避冲突D.双重趋避冲突E.双趋双避冲突“前有狼,后有虎”,这种动机冲突是
A.黄连B.黄芩C.黄柏D.苦参E.土茯苓善治肺热咳喘的药物是()。
水泥水化反应后会凝固硬化,凝固时间可分为()。
甲公司为增值税一般纳税人,2016年7月生产经营情况如下:(1)购进一台生产用机器设备,取得的增值税专用发票上注明的增值税税额17万元;另外支付运费20万元(不含税),取得的增值税专用发票上注明的增值税税额2.20万元。(2)购进生产用原材料一批,取得
剩余价值率与利润率的区别在于()
[2016年]随机试验E有三种两两不相容的结果A1,A2,A3,且三种结果发生的概率均为,将试验E独立重复做2次,X表示2次试验中结果A1发生的次数,Y表示2次试验中结果A2发生的次数,则X与Y的相关系数为()[img][/img]
设有课程关系模式如下:R(C#,Cn,T,TA)(其中C#为课程号,Cn为课程名,T为教师名,Ta为教师地址)并且假定不同课程号可以有相同的课程名,每个课程号下只有一位任课教师,但每位教师可以有多门课程。该关系模式可进一步规范化为
Wheredidthespeakerliketogoduringhisvacations?Thespeakerlovedtogohis______.
【S1】【S6】
最新回复
(
0
)