In the past year, the Dubai International Financial Centre (DIFC) experienced a 34% surge in new registrations, driven by increased interest from companies spanning various sectors, including emerging industries like fintech. This growth has further solidified the city’s position as the leading financial hub in the Gulf region. DIFC reported a net profit of $203 million in 2023, marking a 45% year-on-year increase, with combined revenue rising by 23% to reach $352 million, as announced on Thursday. The total count of active companies reached 5,523 by the end of 2023.
