DIFC

NEWS DESK

DIFC Square Breaks Ground on Near 1mn sq.ft. Development

News Desk 2 30/06/2024

Dubai International Financial Centre (DIFC), the leading global financial hub in the Middle East, Africa, and South Asia (MEASA) region, has broken ground on DIFC Square, a landmark development and commercial project comprising three interconnected buildings. DIFC Square, which will feature

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DIFC-Based Fintech is Paying Businesses to go Cashless

News Desk 2 24/06/2024

After signing an exclusive five-year deal with Visa to help UAE and KSA businesses go cashless, Alaan, the Middle East’s leading corporate card and spend management platform, is doubling down on its mission by incentivising businesses to go cashless. New companies that use the Alaan Visa Corporate card can now earn up to AED 112,500 […]

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Bajaj Finserv Direct launches ME Technology Services hub at DIFC in UAE

News Desk 2 31/05/2024

Bajaj Finserv Direct Ltd., a subsidiary of Bajaj Finserv Ltd., one of India’s most diversified and leading financial services conglomerates with a market capitalisation of $31 bn, today announced the launch of its Technology Services business hub in the UAE, in the Dubai International Financial Centre (DIFC), as part of its foray into the Middle […]

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DIFC Publishes Regional Outlook for Banking and Capital Markets

News Desk 2 27/05/2024

Dubai International Financial Centre (DIFC), the leading global financial centre in the MEASA region, has published a ‘Regional Outlook for Banking and Capital Markets’ report in partnership with LSEG Data & Analytics. The report focuses on how regional IPO growth is expected to come in three phases. Firstly, the continued privatisation of state-related entities,

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DIFC and Cisco Networking Academy Collaborate to Launch Talent Development Programme

News Desk 2 15/05/2024

DIFC Academy, the education platform of Dubai International Financial Centre (DIFC), the leading global financial hub in the Middle East, Africa and South Asia (MEASA) region, today announced a collaboration with Cisco to facilitate access for DIFC employees and the wider community to the Cisco Networking Academy – one of the longest running skills-to-jobs programmes […]

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DIFC fortifies position as preferred global hub for wealth and asset management firms

News Desk 2 15/05/2024

Dubai International Financial Centre (DIFC), the leading global financial hub in the Middle East, Africa, and South Asia (MEASA) region, has reinforced its position as the largest and preferred hub for wealth and asset management (WAM) companies and hedge funds. The total number of WAM firms now exceed 370, primarily comprising of firms from the […]

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United Fintech expands global presence into UAE with new office in DIFC

News Desk 2 14/05/2024

United Fintech is increasing its global presence with the opening of a new office in the Dubai International Financial Centre (DIFC). This strategic expansion into the UAE, spearheaded by Athena, one of United Fintech’s partner companies, is a response to robust market demand and underscores the UAE’s critical role as a hub for financial technology.

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Emirates NBD Asset Management establishes its first Public Fund in DIFC    

News Desk 2 13/05/2024

Emirates NBD Asset Management, the asset management division of Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Türkiye) region, has strengthened its commitment to the UAE’s goal of developing the country’s asset management sector, by establishing its first public fund in Dubai International Financial Centre (DIFC) named FundStar (OEIC)

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DIFC Announces Consultation of Updated Prescribed Company Regulations

News Desk 2 09/05/2024

Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region, proposes to enact amendments to the Prescribed Company Regulations. The proposed regulations seek to significantly expand and simplify the current Prescribed Company (“PC”) regime in the DIFC. Jacques Visser, Chief Legal Officer, DIFC

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Dubai FinTech Summit concludes with over 8,000 visitors from 118 countries

News Desk 2 09/05/2024

The 2nd edition of Dubai FinTech Summit (DFS) organised by Dubai International Financial Centre (DIFC), under the patronage of His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance of the UAE, and President of DIFC, concluded with resounding success. The 3rd edition […]

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DIFC Announces Consultation for Amendments to DIFC Law on Application of Civil and Commercial Laws

News Desk 2 02/05/2024

Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region, proposes to enact amendments to DIFC Law on the Application of Civil and Commercial Laws in the DIFC (the “Application Law”). The amendments seek to provide statutory certainty to the source of DIFC Law and […]

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Unleashing Growth: DIFC Emerges as Premier Global Hub for Family Businesses

News Desk 2 29/04/2024

Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa, and South Asia (MEASA) region, is a trusted, global hub for many of the world’s wealthiest families and individuals. Home to more than 120 of the world’s wealthiest families and individuals, with a total net worth exceeding USD 1trn, DIFC […]

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Experience the spirit of Ramadan at DIFC

News Desk 1 29/03/2024

As the Holy Month of Ramadan unfolds, Dubai International Financial Centre (DIFC) invites residents and visitors to celebrate together with unique Iftar menus, gather over for coffee and to celebrate the season with gifts to cherish and exhibitions to experience, ensuring a memorable Ramadan experience for all. Elevated dining experiences Sucre: A Fire Dining Experience

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Experience Amazónico Dubai’s Lush, Revitalized Business Lunch Menu

News Desk 1 27/03/2024

Amazónico Dubai is thrilled to introduce a refreshed business lunch menu, perfectly designed for office-goers in DIFC, that perfectly captures the essence of the Latin America’s vibrant flavours. Available every weekday from 12PM to 3PM, the tropical oasis invites diners to an unforgettable dining experience with a specially curated 2-course or 3-course

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Student-led InnovAIte Hackathon supported by Emirates NBD and DIFC Innovation Hub garners huge success

News Desk 1 21/03/2024

Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Türkiye) region, has lauded the success of the InnovAIte Hackathon, the first student-led national AI Hackathon held in the UAE. The three-day event culminated with a grand finale on 3 March 2024 at the DIFC Innovation Hub and was attended by […]

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100 Days of COP28 legacy

News Desk 1 19/03/2024

Dubai International Financial Centre (DIFC), the leading global financial hub in the Middle East, Africa, and South Asia (MEASA) region, continues to drive its actionable commitment towards climate change by implementing pledges made by finance industry stakeholders at the record-breaking COP28 UAE in December last year. The Centre reaffirmed its dedication to support the

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DIFC Announces Enactment of Amendments

News Desk 1 15/03/2024

Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region, has enacted amendments to the Employment Law, Trust Law, Foundations Law and Operating Law, following a period of public consultation in 2023. The legislative changes seek to ensure DIFC Laws remain in line with international […]

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DIFC Announces Enactment of New Digital Assets Law

News Desk 1 13/03/2024

Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region, enacts the world’s first Digital Assets Law, a new Law of Security and related amendments to select existing legislation to cater for the consequences of the new digital assets regime and revised security regime. The […]

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17th Edition of DIFC Art Nights witnesses record number of participations

News Desk 1 08/03/2024

The 17th edition of DIFC Art Nights held its opening night in Gate Village on 7 March after receiving its largest ever response to its open call for emerging artists to have their works displayed in the heart of Dubai’s financial district. Over 130 art works from more than 65 artists were featured at the […]

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Call for Artists: DIFC’s Art Nights is back

News Desk 1 19/02/2024

DIFC, a key cultural centre in the UAE, is heralding the return of its biannual Art Nights event on 7 and 8 March 2024 with an open call for artists to submit their works and take the opportunity to have their art displayed in the heart of the district of Dubai, during the 17th edition […]