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DUBAI: Dubai rose to seventh place in the latest Global Financial Centres Index, its highest position on record, as the emirate strengthened its standing among the world’s leading financial hubs. The ranking in GFCI 39, released on March 26, placed

DUBAI: Dubai Aerospace Enterprise said on Feb. 26 it has agreed to acquire Macquarie AirFinance Limited, an aircraft leasing company backed by Macquarie, in an all-cash transaction valuing the business at about $7 billion on an enterprise value basis. DAE