Dubai Wants to be a New Hub For Hedge Funds

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The United Arab Emirates has a message for hedge fund managers and golfers alike: if you like South Florida, you're going to love the Middle East.

In a bid to become a shining new commerce hub, the city of Dubai is luring roughly 50 major hedge funds to the business-friendly waters of its Dubai International Financial Centre (DIFC). Hopefully, they know how to make sweet tea, too.

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Source Fool.com