According to reports in the Irish media, a high level delegation from the Dubai International Financial Centre (DIFC) will this week visit Dublin's International Financial Services Centre and meet with representatives from the IFSC in order to discuss the establishment of joint ventures between the two centres.
Although the nature of the potential joint ventures is not known, the Sunday Business Post revealed that the Dubai delegation, headed by DIFC chief executive, Naser Nabulsi, is keen to draw on the Irish experience of creating and maintaining a banking centre.
Meetings between the two sides are also likely to be attended by representatives of Ireland's government regulators, and Irish tax experts, in addition to Dubai-based insurance, business development, property, and services experts.
It is anticipated that the DIFC will be up and running in early 2005.
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