Dubai — Dubai has emerged among the top four FinTech hubs in the world according to the latest Global Financial Centres Index (GFCI), asserting the emirate's increasing reputation as a global financial giant.
Led by the Dubai International Financial Centre (DIFC), the city also jumped to 11th place globally among the world's financial centres. Dubai was ranked as the leading city globally set to become increasingly important by the report, evidencing high global confidence in its direction.
More than 1,500 AI, FinTech, and innovation companies now call DIFC home, the region's largest cluster of such companies. They have attracted a total of $4.2 billion in investment.
Essa Kazim, Governor of DIFC, said the recognition reinforced Dubai’s global standing. Arif Amiri, CEO of DIFC Authority, added that a focus on “innovation, talent, and technology” has made Dubai one of the world’s most influential financial hubs.
