Thursday, 11 June 2015

DIFC aims to be 3 times bigger by 2024 | GulfNews.com

DIFC aims to be 3 times bigger by 2024 | GulfNews.com:



"Dubai International Financial Centre (DIFC) aims to be three times bigger in terms of number of firms, employees, assets under management and expects the growth to be driven by expanding this as a hub for linking Asia Pacific with the regional markets, its senior official said on Wednesday.



The DIFC, which started operations in 2004, and attracted 19 firms during inception, now boasts more than a 1,000 firms with 18,000 employees, and going forward the DIFC wants to shift from being a financial centre to a full fledged hub.


“In the next 10 years, our plan is to triple the size of DIFC in terms of number of companies operational in the DIFC, number of people, occupied space, assets under management,” Eisa Kazim, Governor of (DIFC) said at a press conference."



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