DIFC’s H1 2023 performance strengthens Dubai’s position as global finance and innovation hub
The Dubai International Financial Centre (DIFC) witnessed exceptional growth in the first half of 2023, with 661 new entities registering during the period in the centre, an impressive double-digit growth of 23% year-on-year.
DIFC's performance reinforces its growing role in shaping the future of finance and raises Dubai's status as a leading growth catalyst for financial institutions, FinTech firms and innovation companies in the region.
The total number of companies operating in DIFC rose from 4,031 to 4,949 at the end of June 2023, a year-on-year increase of 23%. The number of firms in DIFC's FinTech and Innovation sectors grew 35% year-on-year from 599 to 811, consolidating its reputation as a global hub for these sectors.
DIFC is now home to 1,443 financial and innovation-related companies, a 15% year-on-year growth.
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