MEASA

NEWS DESK

DIFC completes on-time repayment of USD 700mn sukuk

News Desk 1 11/11/2024 0

Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region, today announced the full redemption and on-schedule repayment of a USD 700mn sukuk. This marks a significant milestone in implementing its sustainable

NEWS DESK

Investec extends footprint with Dubai International Financial Centre office launch

News Desk 1 25/09/2024

Investec, a leading international bank and wealth manager, today announced the opening of its office in Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa, and South Asia (MEASA) region. This expansion extends its distinctive offering to the Gulf region. The DIFC office connects high-net-worth clients, family offices

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 offices and retail units, will significantly boost the Centre’s real estate

NEWS DESK

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

NEWS DESK

DIFC delivers record 23 per cent YoY growth in underwriting volumes

News Desk 2 28/04/2024

Dubai International Financial Centre (DIFC), the leading global financial hub in the Middle East, Africa and South Asia (MEASA) region, has consolidated its position as the principal hub for the (re)insurance industry, with the highest gross written premiums (GWP) recorded in its 20-year history at close to USD 2.6bn, up 23 per cent from USD […]

NEWS DESK

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 […]