What To Know
- The Global Financial Centre Index (GFCI) recognized Dubai as a worldwide leader in financial services thus establishing a remarkable milestone for economic growth.
- The GFCI rankings position Dubai as the primary city that will become more significant in the forthcoming years as a financial hub.
- The accelerating growth of Dubai has made it a worldwide center of financial strength where DIFC plays an essential role in this transformation.
The Global Financial Centre Index (GFCI) recognized Dubai as a worldwide leader in financial services thus establishing a remarkable milestone for economic growth. The Z/Yen report based in London identifies Dubai International Financial Centre (DIFC) as the main component of the city’s achievement.
Dubai’s Key Achievements in the GFCI Rankings
Dubai achieved its first position in the global ranking as one of the five leading FinTech centers.
The Dubai financial entity now holds position among the world’s eight financial leader cities which includes London, New York, and Paris alongside other major financial centers.
The financial power status of Dubai has been enhanced by its improved global position which now stands at 12th position.
The GFCI rankings position Dubai as the primary city that will become more significant in the forthcoming years as a financial hub.
Exclusive in the zone as Dubai holds its position as one of the top 15 competitive cities worldwide.
9th – Infrastructure
10th – Business Environment
11th – Reputation (laws, regulations, and innovation)
12th – Human Capital
The financial sectors in Dubai demonstrate outstanding performance through various ranking positions:
5th – FinTech
6th – Professional Services
8th – Investment Management
13th – Trading
14th – Banking & Finance
This recognition underlines Dubai’s dedication towards economic excellence and innovation according to Governor of DIFC His Excellency Essa Kazim. Arif Amiri who leads Dubai as CEO stressed that its financial leadership stems from excellent regulation combined with strategic developments along with exceptional workforce capabilities.
The accelerating growth of Dubai has made it a worldwide center of financial strength where DIFC plays an essential role in this transformation.
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