This ranking underscores the economic potential of Dubai as the destination of choice for international organisations.
Dubai International Financial Centre (DIFC), the leading financial hub in the Middle East, Africa and South Asia (MEASA) and home to the largest, most developed FinTech ecosystem in the region,
The Dubai International Financial Centre, DIFC, announced a record growth in 2019, registering an addition of 493 new businesses for the year. The total number of firms in the Centre reached 2,437, up 14 per cent from 2018, with a total of 32 per cent growth since 2017.
To support the Dubai Free Zones Council economic stimulus package, Dubai International Financial Centre (DIFC) proposes implementing five initiatives over the next three months.
The impairment provisions for the eight banks increased by about 103 per cent during the first nine months of 2020 to Dhs16.6 billion, compared to Dhs8.2 billion for the same period in 2019.
The Federal Tax Authority (FTA) Board of Directors, chaired by Sheikh Hamdan Bin Rashid Al Maktoum, Deputy Ruler of Dubai and Minister of Finance, and Chairman of the Authority’s Board of Directors,
China’s factory activity expanded at a slightly slower pace in October but was slightly above analysts’ expectations, suggesting a continuing economic recovery as the country rebounds from the coronavirus shock.