Dubai has been ranked among the world’s top four cities for FinTech, according to the latest Global Financial Centres Index (GFCI) released on Thursday. The recognition underscores the success of Dubai International Financial Centre (DIFC) in positioning the emirate as the leading financial hub for 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 rise reflects the vision of Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. He emphasized that this achievement aligns with the Dubai Economic Agenda D33, which aims to place the city among the top four global financial centres.
Coinciding with the announcement, DIFC revealed that its Innovation Hub now hosts more than 1,500 AI, FinTech, and innovation companies, making it the largest cluster of its kind in the region. These firms have raised over $4.2 billion in investments, highlighting DIFC’s role as a leading ecosystem for technology-driven growth. Dubai also advanced to 11th place globally in the overall GFCI rankings, further affirming international confidence in its financial ecosystem and future-oriented strategy.
Also Read:
Serving Diverse Airfreight Needs with ICE Logistics LLC: Mohan Dass
Empowering Professionals and Organizations Globally with Blue Ocean Corporation: Abdul Azeez Cheni
About Author
