DIFC

Bulgari brings Serpenti jewellery showcase to Dubai
Celebrating 75 years of work, the exhibition incorporates the famous snake motif and collaborations with local artists
Luxury
September 14, 2023, 3:11 PM
Dubai's Alkhair Capital launches $100m fund for HealthTech investments
Sharia-compliant investment vehicle will target companies employing artificial intelligence to bolster healthcare providers
Economy
September 04, 2023, 7:30 AM
Spain's Alantra expands investment banking business in Middle East with new DIFC office
The company offers consultancy on mergers and acquisitions, debt advisory, financial restructuring and capital market transactions
Economy
August 30, 2023, 3:10 PM
Dubai to issue commercial licences to help AI and Web3 companies set up businesses
Licences are 90% subsidised and will support the emirate's push to become a digital society
Technology
August 14, 2023, 1:31 PM
DIFC posts 23% rise in companies joining financial centre in first half of 2023
More than 660 signed up in the first six months of the year, led by FinTech and innovation-related businesses
Economy
August 01, 2023, 8:05 AM
DFSA fines Swiss bank Mirabaud $3m for anti-money laundering control failure
Transactions for nine interconnected client accounts under the same relationship manager raised concerns
Banking
August 01, 2023, 6:38 AM
How adopting the common law regime in free zones will benefit investors
ADGM, which is under common law, says the approach made it a preferred jurisdiction for companies looking to establish their presence in the region
Economy
July 26, 2023, 2:40 PM
Nomura expands wealth management business in Dubai with new DIFC office
The Japanese financial services company has obtained a category 4 licence from the DFSA to launch operations from the financial hub
Economy
July 19, 2023, 1:57 PM
US hedge fund Verition joins global peers in setting up DIFC office
Connecticut-based firm, which manages $7.3 billion in assets, is seeking to capitalise on regional growth opportunities
Economy
July 06, 2023, 10:25 AM
DIFC to establish AI and Web3.0 hub to attract 500 tech businesses by 2028
The initiative aims to bring $300m in collective funds and create more than 3,000 jobs in the next five years
Technology
June 19, 2023, 3:11 PM
FinTech growth 'helping DIFC to outpace' Dubai economic expansion
Financial centre has expanded fivefold faster than the emirate's average GDP growth over the past 10 years, says DIFC governor
Economy
May 08, 2023, 10:43 AM
DIFC unveils world’s first regulatory framework for venture building to boost start-ups
It will implement measures to enable the incubation of new business ideas, sponsorship of entrepreneurs and reduced costs for scaling new businesses
Start-Ups
May 04, 2023, 12:46 PM
Emirates passengers can now check in and drop off bags in Downtown Dubai
New facility in Dubai's financial district aims to take hassle out of air travel
UAE
April 27, 2023, 6:01 PM
Generation Start-up: How 3S Money is changing the way business payments are done
The UK-based company, which has its Middle East headquarters in Dubai, plans to raise funds to prepare for a potential listing on the London Stock Exchange
Start-Ups
April 24, 2023, 4:00 AM
World Bank debars former Abraaj executive over fraud
Selcuk Yorgancioglu will not be able to take part in any projects financed by the Washington-based lender for two years
Business
April 21, 2023, 11:59 AM
DIFC registers 'strong interest' from digital asset companies and hedge funds
'Dozens of companies' are looking to set up trading platforms, provide alternative trading systems or put crypto assets into a fund, DFSA chief executive Ian Johnston says
Business
April 04, 2023, 3:30 AM
UAE Economy Minister urges family businesses to invest in new sectors
These businesses have invested heavily in traditional sectors of the economy, such as real estate, logistics and hospitality, minister says at launch of DIFC Family Wealth Centre
Money
March 01, 2023, 10:09 AM
DIFC achieves record 2022 growth amid Dubai's continued economic recovery
The number of companies at the financial centre doubled from the pre-pandemic level and employment grew at the fastest rate on record
Economy
February 20, 2023, 12:34 PM
Dubai enacts new rules for ultra-wealthy and family businesses operations
Dubai International Financial Centre is formally launching the world's first Family Businesses and Private Wealth Centre next month
Business
February 09, 2023, 9:13 AM
Lorenzo Quinn's giant works at DIFC Sculpture Park are a testament to love and unity
The artist is also showcasing works at Alserkal Avenue as part of his first Dubai show
Art & Design
February 09, 2023, 3:03 AM
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