scaling up
Singapore’s DBS bank sees Dubai as hub for Mideast expansion
Both Dubai and Abu Dhabi have emerged as attractive bases for hedge funds and investment banks because of the ease of doing business and low taxes
The Marina Bay Sands resort stands out against Singapore's skyline ( Getty Images)
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Singapore’s DBS Group Holdings, the largest bank in Southeast Asia, is spreading its wings and eyeing Dubai as a springboard for expanding activities in the Middle East.“There’s an opportunity to scale it up,” CEO Piyush Gupta told Bloomberg during...