Tuesday 08, April 2008 by
Diwan Capital gets category 2 license from DFSA
The DFSA has granted a category 2 license to Diwan Capital (D1) and the DIFC has welcomed D1 as its newest member. “The launch of Diwan Capital is a timely and important move for investors in the region, as well as for those investing in the GCC”, says Nasser Alshaali, chief executive of DIFC Authority, “The market for derivatives has huge potential and Diwan Capital extends the ability of Dubai and the DIFC to offer world-class financial products within an effective regulatory and operating environment.”
