Wednesday, 30 December 2020

Interview: #Dubai's DIFC CEO 'optimistic' about significant recovery in 2021 | ZAWYA MENA Edition

Interview: Dubai's DIFC CEO 'optimistic' about significant recovery in 2021 | ZAWYA MENA Edition

Businesses embraced technology out of necessity during the global pandemic, which inspired firm decisions about issues companies had been considering for a while, according to Arif Amiri, CEO of DIFC Authority. Companies that support the future of finance will see continued growth in 2021, he says, meaning technology will play an increasingly crucial role.

This applies to Dubai International Financial Centre (DIFC) itself, which launched a digital onboarding platform for businesses wishing to register there, although that decision was based on ease of doing business.

“In line with the DIFC’s continued emphasis on improving the ease of doing business, the centre launched a seamless digital onboarding platform [in early 2020] to improve the ease of establishing businesses,” said Amiri. He added that the platform simplifies the DIFC’s onboarding process and reduces the turnaround time to establish new companies.

In an interview with Zawya, Amiri offered a positive outlook on the prospects of the DIFC and Dubai for 2021. “I am optimistic about a significant recovery in the global economy and the financial sector overall,” he said. “During 2020, the DIFC provided and adapted its platform, which focused on being innovative, resilient, flexible and stable.”

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