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Tag Archives: DIFC

One-Mile Gallery to showcase works of established masters and emerging artists

Brand Dubai and DIFC roll out second edition of ‘Harnessing Local Talent’ competition Government of Dubai Media Office : Brand Dubai, the creative arm of the Government of Dubai Media Office (GDMO), and the Dubai International Financial Centre (DIFC) will undertake a series of joint initiatives to promote art, innovation and entrepreneurship. The two organisations announced their first joint projects …

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DIFC will make first investment from $100mln fintech fund “shortly”

Fund is “in the process of being seeded and structured as we speak”, says chief business development officer Salman Jaffery The first investment to be made from the $100 million financial technology (fintech) fund launched by Dubai International Financial Centre (DIFC) is set to be made “shortly”, according to the centre’s chief business development officer, Salmaan Jaffery. Speaking to Zawya …

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DIFC’s Class of 2018: The new additions to Dubai’s main financial hub

Zawya Express presents the top story, topic or trend highlighted by our editorial team as recommended reading to start your working day Dubai International Financial Centre (DIFC) has reported that the number of registered companies within the finance-focused free zone rose 8 percent to break through the 2,000 mark during the first half of 2018, with some of the new …

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First 11 firms enrolled into DIFC’s fintech accelerator

Dubai International Financial Centre (DIFC) has announced that 11 firms have been chosen to take part in its accelerator programme for new financial technologies, known as FinTech Hive. The programme, which is being launched in partnership with management consultancy Accenture, is a 12-week course that will see the selected firms working closely with financial institutions and other stakeholders to help develop …

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IMF Regional Economic Outlook Update ‘Middle East and North Africa: Defining the Road Ahead’

The International Monetary Fund (IMF) launched today its Regional Economic Outlook Update for the Middle East North Africa, Afghanistan, and Pakistan region (MENAP). The Outlook was introduced in a press conference hosted by Dubai International Financial Centre (DIFC), a leading global financial hub, supporting sustainable growth in the Middle East, Africa and South Asia. The Outlook, titled “Middle East and …

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New rules for domestic and foreign investment funds in the UAE

Regulatory experts from the international law firm Clifford Chance have reviewed the eagerly awaited Investment Funds Regulation (Regulation) which has been implemented by the UAE Securities and Commodities Authority (SCA) this week. The Regulation applies to all matters relating to domestic investment funds and to the promotion and offering of foreign funds in the UAE, with particular implications for DIFC …

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