Press Release
DIFC Observes Earth Hour in Commitment to Environment
Dubai, 24March 2013: Dubai International Financial Centre (DIFC), the financial and business hub connecting the Middle East, Africa and South Asia’s markets with the developed markets of Europe, Asia and the Americas, joined millions on Saturday in supporting Earth Hour by switching off all lighting within the financial district. Earth Hour is a global annual campaign to reduce energy consumption by encouraging the dimming of lights in homes, businesses and landmarks for one hour.
Roberta Calarese, Chief Legal Officer at DIFC Authority and head of the CSR committee, said: “We are committed to creating an environment that is sustainable and protected for future generations. As a global financial hub, we at the DIFC have an obligation to promote best practices in all aspects of business, which includes safeguarding our planet.”
DIFC has supported the initiative since 2010 and this year, participating companies included: Al Taayeen Management Consultants, Arabian Center, Capital Club Dubai, Citibank, Compass Financial Solutions, Credit Europe Bank (Dubai) Ltd, Credit Suisse AG Dubai Branch, Dun & Bradstreet South Asia Middle East Ltd, Falcon Group, Hummingbird Early Learning Centre, Intesa Sanpaolo, Jones Day, Mitsui & Co Middle East Ltd, Mohammed Hareb Al Otaiba Group, Morgan Stanley & Co. International PLC, Red Sea International FZCO, Takaful Re Limited, and Xpertize United.
The attached picture shows a dark lit DIFC district during Earth Hour.
-END-
For further inquiries on DIFC, please contact:
Dubai International Financial Centre
Shaima Al Zarouni
PR Manager
Email:
Tel: +971 4 362 2432
Capital MSL (Dubai)
Manal Shaikh
Senior Consultant
Email:
Tel: +971 55 109 2542
About DIFC
The Dubai International Financial Centre (DIFC) is the financial and business hub connecting the region’s emerging markets with the developed markets of Europe, Asia and the Americas.
Since its launch in 2004, DIFC, a purposely built financial free zone, has been committed to encouraging economic growth and development in the region through its strong financial and business infrastructure. Currently, DIFC's client base comprises 912 active registered firms, including 19 of the world’s top 25 banks, eight of the world’s ten largest insurers, six out of ten top law firms, 11 of the top 20 money managers in the world. Around 14 thousand employees operate in an open environment complemented by international legal and regulatory standards. DIFC offers its member companies benefits such as 100 per cent foreign ownership, zero per cent tax rate, with no restriction on capital convertibility or profit repatriation. DIFC has its own independent financial and ancillary services regulatory body, the Dubai Financial Services Authority (DFSA). It also has the DIFC Courts, which is an independent common law judiciary based in DIFC with jurisdiction over civil and commercial disputes in or relating to the Centre.
DIFC is built upon a modern legal, regulatory and physical infrastructure, which makes it the destination of choice for Financial Services firms establishing a presence in the region.
For further information, please visit our website: , or follow us on Twitter @DIFC.