DIFC

NEWS DESK

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

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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 […]

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DIFC’s 20th Anniversary Takes Flight with Strong Contribution

News Desk 1 15/02/2024

Dubai International Financial Centre (DIFC) continued to differentiate its position as the leading global financial centre for the Middle East, Africa and South Asia (MEASA) region during 2023. The Centre is now home to 5,523 active companies, a significant 26 per cent year-on-year boost from 4,377 in 2022. 1,451 new companies established in DIFC in […]

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DIFC FAMILY WEALTH CENTRE AND MIT SLOAN EXECUTIVE EDUCATION

News Desk 1 12/02/2024

DIFC Family Wealth Centre and MIT Sloan Executive Education, in collaboration with the DIFC Academy, are launching the first ‘Sustaining Family Business Success’ higher education programme in Dubai to provide family businesses in Dubai International Financial Centre (DIFC) and the wider region with world-class education on multi-generational family business success. The

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Don’t miss out on the final weekend of DIFC’s Family Fun Fair

News Desk 1 01/02/2024

Don’t miss the grand finale of the highly successful Family Fun Fair! Gate Avenue, Zone D, Podium Level, will transform into a Whimsical Family Funfair for the last time, marking the grand finale this Friday, Saturday, and Sunday (4 to 6 February) from 4 pm to 10 pm. Immerse yourself in a wonderland of joy […]

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Enjoy a Whimsical Family Fun Fair at Gate Avenue, DIFC

News Desk 1 22/01/2024

Gate Avenue is all set to spread the magic with a Whimsical Family Funfair. Every Friday, Saturday and Sunday from 12 January to 4 February 2024, Gate Avenue, Zone D Podium Level from 4pm to 10pm will be transformed into a wonderland of joy and festivities with a host of dining options and entertainment activities […]

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Enjoy a Whimsical Family Fun Fair at Gate Avenue, DIFC

News Desk 1 17/01/2024

Gate Avenue is all set to spread the magic with a Whimsical Family Funfair. Every Friday, Saturday and Sunday from 12 January to 4 February 2024, Gate Avenue, Zone D Podium Level from 4pm to 10pm will be transformed into a wonderland of joy and festivities with a host of dining options and entertainment activities […]