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Maktoum Bin Mohammed Chairs First Meeting of DIFC's Higher Board of Directors

Maktoum Bin Mohammed Chairs First Meeting of DIFC's Higher Board of Directors
difc.ae - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from difc.ae Daily Mail and Mail on Sunday newspapers.

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Maktoum Bin Mohammed Officially Inaugurates DIFC Innovation Hub

Maktoum Bin Mohammed Officially Inaugurates DIFC Innovation Hub
Date
26/05/2021
DIFC Innovation Hub is the region’s first ecosystem dedicated to bringing the FinTech and innovation community together to shape the future of finance and the economy
• DIFC Innovation Hub to have over 1,000 knowledge workers, adding to Dubai’s reputation as the region’s leading hub for talent
• 80,000 sq. ft. space at the facility already fully utilised; Hub to expand by 50 per cent this month to meet demand
• DIFC Innovation Hub is home to 350 innovation companies; number of firms increased 29 per cent in the past six months
• His Highness approves four-fold expansion of the DIFC Innovation Hub to increase its size to over 315,000 sq. ft. ....

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DFM International Investor Roadshow 2021 Successfully Concludes Signalling Institutions' Interest To Further Participate In Dubai Capital Markets

DFM International Investor Roadshow 2021 Successfully Concludes Signalling Institutionsâ Interest To Further Participate In Dubai Capital Markets
Date
H.E. Essa Kazim: “Roadshow’s success reaffirms international institutions’
confidence in the prospects of Dubai’s capital markets”

Participating issuers commend international institutions’ significant attendance and their geographical and sectoral diversification

The Dubai Financial Market (DFM) International Investor Roadshow 2021 has successfully reinforced links between equity and fixed income issuers in Dubai and leading investment institutions in the US, UK, Europe, Asia and MENA. The event included 112 One-on-One meetings with senior representatives of 35 international funds managing approximately an average of US$ 40 billion of assets. ....

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DIFC Records Highest Number Of Annual Registrations Since Inception In 2020

DIFC Records Highest Number Of Annual Registrations Since Inception In 2020
Date
10/03/2021
Dubai International Financial Centre (DIFC), the leading international financial hub in the Middle East, Africa and South Asia (MEASA) region today reported the best performance in its 16-year history.
Delivered under the leadership of His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai and President of DIFC, these achievements contribute to all pillars of Dubai s 2021 strategy, including raising the emirate’s status as a pivotal global economic hub and a smart and a sustainable city.
Reaffirming Dubai’s growing reputation across the global finance industry, the number of new firms operating in DIFC grew 20 per cent, taking the total to 2,919. A total of 915 financial companies are now active in DIFC, up 24 per cent from 735 in 2019. The number of businesses in the FinTech and Innovation ecosystem more than doubled wi ....

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DIFC records highest number of annual registrations since inception in 2020 | Dubai International Financial Centre (DIFC)

Industry development
DIFC introduced and updated laws and regulations to reflect global best practices and distinguish itself as the leading financial centre in the MEASA region. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, enacted the new Leasing Law and the new Data Protection Law in January and June 2020, respectively.
The new Leasing Law provided further protection to property owners and tenants, aligning the Centre s legal and regulatory framework with best practice and international standards. The new Data Protection Law brought the previous DIFC Data Protection regime in line with the EU s General Data Protection Regulation (GDPR) principles, a first for the region, reflecting the DIFC s commitment to data security, information protection and cyber resilience. ....

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