Dubai has secured a place among the world’s top four FinTech hubs, according to the latest Global Financial Centres Index (GFCI).
This recognition underscores the success of DIFC in reinforcing Dubai’s standing as the foremost global financial centre across the Middle East, Africa and South Asia.
Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance, said: “Dubai’s emergence as one of the world’s leading FinTech hubs reflects the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, to position the city among the world’s most advanced centres and to shape the future of key industries.
“Our advancement in the Global Financial Centres Index has been guided by the Dubai Economic Agenda D33, which seeks to position Dubai among the world’s top four financial hubs.”
“This milestone also highlights the confidence of the international financial community in Dubai’s ability to offer an enabling environment and robust infrastructure for growth, supported by DIFC’s forward-looking initiatives.”
“With our ambitions for the future, we will continue to enhance Dubai’s role as a global hub for innovation and opportunity, driving progress that benefits our nation, the wider region, and the world.”
Coinciding with the announcement, DIFC confirmed that the number of AI, FinTech and innovation companies within the Centre and its Innovation Hub has surpassed 1,500.
Together, these enterprises have secured more than USD 4.2 billion in investment, strengthening DIFC’s position as the region’s most dynamic ecosystem for growth-stage technology firms and entrepreneurs.
Dubai also rose to 11th place worldwide in the overall GFCI rankings, reinforcing global confidence in the emirate’s financial industry.
