Dubai International Financial Centre
Coverage of Dubai International Financial Centre in the Nexus archive.
- Dubai business hub tops 10,000 companies
The Dubai International Financial Centre (DIFC) has 10,018 active businesses, a 30% increase over the past year, with regulated financial services firms rising 16% and AI/fintech/innovation firms growing 39%. Despite regional competition and disruptions from the Iran war, the DIFC's workforce reached 50,200, with new office developments like the Zabeel District planned for 2040.
- UAE: Dubai’s Financial Hub DIFC Tops 10,000 Firms Despite War Risks
Dubai’s financial hub, the Dubai International Financial Centre (DIFC), surpassed 10,000 active registered companies for the first time, demonstrating its ability to attract global firms despite heightened geopolitical tensions in the region.
- Standard Chartered and LMAX Group Execute First Live Digital Asset Prime Brokerage Trades
Standard Chartered and LMAX Group executed their first live digital asset prime brokerage trades, marking a milestone in institutional crypto market infrastructure. The pilot involved spot Bitcoin trades with T+1 settlement through Standard Chartered’s UK branch and custody via its Dubai-based platform, validating credit, risk management, and regulatory compliance frameworks.
- Citi Picks Veteran Mideast Banker Tannir for Top Regional Role
Citigroup has appointed veteran Middle East banker Tannir to a top regional role, emphasizing his expertise in the financial sector. The appointment is linked to the Dubai International Financial Centre.