DIFC records remarkable growth in wealth, asset management sector

DUBAI / WAM

Dubai International Financial Centre (DIFC), is continuing to achieve remarkable growth in its wealth and asset management sector with world-leading firms working at impressive scale within the Centre.
The number of registered companies and specialist global advisors in the Centre has increased to more than 200, including 13 of the world’s top 25 firms in the sector.
DIFC is also home to over 60 significant funds, making it the leading fund domicile in the
region.
DIFC’s strategic position as a bridge from the region across the world enables companies to manage their interests throughout the MEASA region and beyond, including Asia, Europe and Africa, from their base in Dubai.
“The wealth and asset management sector is a cornerstone of a thriving financial services industry, and as DIFC has developed into a top global financial centre, it has become one of our hallmarks,” said Arif Amiri, Chief Executive Officer of the DIFC Authority. “Major financial institutions see Dubai and DIFC as a preferred platform to access investment opportunities and sources of investment across regional and global markets.
“To date, the Centre has seen consistent and significant growth in this field, reflecting the industry’s ongoing confidence in Dubai and DIFC. We expect to see this growth continue as we introduce new regulations to our attractive legislative and business environment in line with our ambitious 2024 Strategy,” added Arif Amiri.