Browsing: Dubai International Financial Centre

Global investment management firm Franklin Templeton announced on Monday that it is launching seven feeder funds in the UAE aimed at retail investors through its two Dubai International Financial Centre–based fund ranges: Franklin Templeton Investments Feeder Funds and Franklin Templeton Shariah Feeder Funds.

Aldar Properties will build a Grade A office tower in a prime Dubai location on Sheikh Zayed Road, adjacent to the Dubai International Financial Centre (DIFC). This will be the company’s inaugural commercial development in the Emirate, following recent residential projects that have sold out.

H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of The Executive Council of Dubai, as well as Chairman of the Board of Trustees of the Dubai Future Foundation (DFF), has authorised the launch of the next phase of the ‘Dubai Future Solutions’ initiative today.

UAE Sustainable Finance Working Group (SFWG) has introduced the ‘Principles for Sustainability-Related Disclosures for Reporting Entities’ as part of a collaborative effort among UAE regulatory bodies to enhance sustainability-related disclosure requirements for financial institutions in line with international standards. This initiative aligns with the declaration of 2024 as the ‘Year of Sustainability’.

H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Chairman of The Executive Council of Dubai, and Chairman of the Higher Committee for Future Technology and Digital Economy, today inaugurated the Dubai AI Campus cluster at the Innovation Hub, Dubai International Financial Centre (DIFC).

Arif Amiri, Chief Executive Officer of the DIFC Authority, stated that the DIFC, as a premier (re)insurance hub, has enhanced its services, supporting individuals and businesses in the region for the past 20 years.