IDEAS home Printed from https://ideas.repec.org/h/spr/prbchp/978-981-97-7030-4_6.html
   My bibliography  Save this book chapter

What Can India Learn from the UAE? Making GIFT IFSC a Favored Destination by Incorporating the Learnings from DIFC and ADGM

Author

Listed:
  • Nilay Ranjan Singh

    (State Bank of India DIFC)

Abstract

Financial centres play a very important role in the economy and business. The world has seen the establishment of many new financial centres, however, recently lead has been taken by Asia, especially China, UAE, and India. The ease of business is a common thread across these centres which makes operating offices or starting a business in those countries easy while attracting talents and clientele globally. This also gives a boost to the economy. India has recently started its first financial free zone and aims to make it one of the most important financial centres in the world. The United Arab Emirates has established two financial centres in the last few years, the first, Dubai International Financial Centre (DIFC), and the second, Abu Dhabi Global Market (ADGM). DIFC is one of the fastest-growing financial centres and it has established its name through innovation and pragmatic approach. IFSC GIFT City can also derive benefit from the success of DIFC by learning the lessons emanating from DIFC. Due to the limited literature available on the related matter, the current study was carried out. The qualitative approach for the study used secondary data from various sources in the public domain. The content analysis as well as the analysis of the secondary data brought out some of the comparative factors between GIFT IFSC and DIFC as well as some exploratory factors which can help the GIFT IFSC to become a world-class financial centre.

Suggested Citation

  • Nilay Ranjan Singh, 2025. "What Can India Learn from the UAE? Making GIFT IFSC a Favored Destination by Incorporating the Learnings from DIFC and ADGM," Springer Proceedings in Business and Economics,, Springer.
    • Handle: RePEc:spr:prbchp:978-981-97-7030-4_6
    DOI: 10.1007/978-981-97-7030-4_6
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a
    for a similarly titled item that would be available.

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:prbchp:978-981-97-7030-4_6. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.