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Bank of Singapore gets licence to operate Dubai branch

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Mr Shaari says Dubai's position in the Middle East is similar to Singapore's strategic hub role in Asia.

Singapore

BANK of Singapore, the private banking arm of OCBC Bank, has been granted a category 4 licence to operate a branch in the Dubai International Financial Centre (DIFC).

DICF, a federal financial free zone in Dubai, is regulated by the Dubai Financial Services Authority (

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