• Coincided with global gathering of world and finance leaders at the IMF and IIF Annual Member Meetings in Washington, where DIFC was region’s only sponsor
  • DIFC highlighted Dubai’s Progress on Digitisation, advancing city’s reputation as global hub for technology and innovation

Dubai, UAE: Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA), is seeing heightened interest from US-based companies looking to establish a presence in the Centre so they can access opportunities in the region.

Following an extensive roadshow to the US in May this year, DIFC’s profile and reputation continues to grow, contributing to a 106 per cent increase in the overall client pipeline. This warranted a further visit to meet a range of institutions spanning the banking, wealth and asset management, hedge fund, insurance, FinTech and innovation sectors.

DIFC’s senior delegation to Washington D.C. was led by His Excellency Essa Kazim, Governor of DIFC. The Governor’s delegation highlighted how DIFC is enabling the future of finance and helping prospective clients navigate a route to MEASA markets.

His Excellency Essa Kazim, Governor of DIFC said: “DIFC’s latest visit to the US provided a perfect opportunity to reinforce Dubai’s growing reputation as a global hub for finance, technology and innovation. We are looking forward to welcoming more US firms to DIFC so they can access the fast-growing markets in the Middle East, Africa and South Asia region.”

The visit coincided with IMF and IIF Annual Membership Meetings which are attended by world and financial leaders. DIFC was the only sponsor from the region for this year’s IIF Annual Membership Meeting. The IIF is the main association for the financial industry and has been working with DIFC for several years to advance the financial sector’s contribution to local, regional and global economies.

DIFC was part of a panel discussion at the IIF meeting on ‘The Tokenisation of Everything: DeFi, Smart Contracts and Web3’. It provided an opportunity for DIFC to address the landscape of new assets and their impact towards realising value in the global financial system – areas which DIFC and DFSA are integrating into their Innovation Hub proposition and regulatory framework.

His Excellency continued: “Our deep-rooted relationship with the IIF enables DIFC to highlight the progress Dubai has made as a global financial centre during influential gatherings such as their Annual Membership Meeting. DIFC’s forward-thinking approach to recognising the role of digital assets in the industry was well received during the event and is an agenda we will continue to drive in the region.”

The 2022 IIF AMM focused on the most relevant and cutting-edge issues impacting financial services, including ESG, sustainable finance and the role of digital assets, all of which aligns to DIFC’s vision to drive the future of finance.

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About Dubai International Financial Centre

Dubai International Financial Centre (DIFC) is one of the world’s most advanced financial centres, and the leading financial hub for the Middle East, Africa and South Asia (MEASA), which comprises 72 countries with an approximate population of 3 billion and an estimated GDP of USD 8 trillion.  

With a close to 20-year track record of facilitating trade and investment flows across the MEASA region, the Centre connects these fast-growing markets with the economies of Asia, Europe and the Americas through Dubai. 

DIFC is home to an internationally recognised, independent regulator and a proven judicial system with an English common law framework, as well as the region’s largest financial ecosystem of almost 30,000 professionals working across over 4,000 active registered companies – making up the largest and most diverse pool of industry talent in the region.  

The Centre’s vision is to drive the future of finance through cutting-edge technology, innovation, and partnerships. Today, it is the global future of finance and innovation hub offering one of the region’s most comprehensive FinTech and venture capital environments, including cost-effective licensing solutions, fit-for-purpose regulation, innovative accelerator programmes, and funding for growth-stage start-ups.  

Comprising a variety of world-renowned retail and dining venues, a dynamic art and culture scene, residential apartments, hotels and public spaces, DIFC continues to be one of Dubai’s most sought-after business and lifestyle destinations. 

For further information, please visit our website: difc.ae, or follow us on LinkedIn and Twitter @DIFC. 

For media enquiries, please contact:   
Omar Nasro | ASDA’A BCW  
omar.nasro@bcw-global.com  
www.asdaa-bcw.com | www.arabyouthsurvey.com

Rasha Mezher | Dubai International Financial Centre Authority  
Consultant, Marketing & Corporate Communications
t-rasha.mezher@difc.ae