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Billionaire Hinduja Sees Switzerland Losing Luster for Wealthy

Switzerland’s importance as a private banking hub will shrink after the country increased its tax transparency, according to Indian billionaire Gopichand Hinduja, a shareholder in the family’s Geneva-based private bank. The world’s richest people are instead turning to countries like Dubai, Qatar and Singapore to house their assets as Switzerland loses its allure as a…

54,000 Hotel Rooms Set To Open In Dubai By 2020

  As a major tourism hub, Dubai is keeping up with the demand of it visitors and expanding its already vast portfolio of hotels. A hotel construction report by TOPHOTELPROJECTS revealed that by 2020 the UAE will launch 183 hotels and host 54,000 hotel rooms. Whether Dubai is actually expecting that many visitors for the…

Safest countries to do business in: Dubai puts UAE in Top 5

UAE rated 5th in Asia-Pacific, Middle East regions for safe investments The UAE is popularly-known as a safe haven in the world of business. Rightly so. Be it property, banking and finance, tourism, trade and travel, the UAE – Dubai to be precise – attracts foreign direct investments in a host of sectors from investors…