Post by : Bianca Qureshi
Dubai has been ranked among the world’s top four cities for FinTech in the latest Global Financial Centres Index (GFCI), highlighting the city’s growing influence in the global financial technology sector. The announcement underscores Dubai International Financial Centre’s (DIFC) role in establishing the emirate as a leading financial hub in the Middle East, Africa, and South Asia.
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, said the recognition reflects the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum to position Dubai among the world’s leading cities and to shape the future of diverse sectors. “Our progress in the latest Global Financial Centres Index has been driven by the Dubai Economic Agenda D33 to make the city one of the top four global financial hubs,” he added.
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The DIFC also revealed that over 1,500 AI, FinTech, and innovation companies now operate within the Centre and its Innovation Hub, making it the largest cluster of its kind in the region. These firms have collectively raised more than USD 4.2 billion in investment, showcasing DIFC as the region’s most active ecosystem for growth-stage technology firms and entrepreneurs.
Dubai has also advanced to 11th position globally in the overall GFCI rankings, reflecting the international financial community’s trust in the city. The GFCI findings further identify Dubai as the region’s only financial centre with broad and deep capabilities and rank it number one globally among financial centres expected to become more significant.
His Excellency Essa Kazim, Governor of DIFC, stated, “Today’s recognition in the Global Financial Centres Index reaffirms the emirate’s position as a global force in FinTech and the wider financial services sector. Through DIFC, we are enabling innovation, creating growth opportunities, and ensuring Dubai continues to play a leading role in shaping the future of the global economy.”
His Excellency Arif Amiri, CEO of DIFC Authority, added, “Dubai has become one of the world’s four most influential FinTech hubs because of DIFC’s focus on innovation, talent, and technology. This achievement demonstrates the confidence the global financial community has in Dubai’s role as a catalyst for growth.”
This latest ranking strengthens Dubai’s global financial reputation and supports the strategic objectives of the Dubai Economic Agenda D33, which aims to elevate the city among the world’s top financial centres.
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