Dubai International Financial Centre (DIFC) revenue for 2024 was at 1.78 billion AED ($485 million), 37% higher than in 2023, the Dubai media office reported on Tuesday. DIFC's operating profit grew to 1.33 billion AED in 2024, up 55% from 2023, the media office said.
There is increasing competition among Gulf states to develop their financial sectors as part of economic diversification, with the likes of Abu Dhabi, Riyadh and Doha bolstering investment in their own financial centres.
Dubai International Financial Centre (DIFC) revenue for 2024 was at 1.78 billion AED ($485 million), 37% higher than in 2023, the Dubai media office reported on Tuesday.
DIFC's operating profit grew to 1.33 billion AED in 2024, up 55% from 2023, the media office said.
There is increasing competition among Gulf states to develop their financial sectors as part of economic diversification, with the likes of Abu Dhabi, Riyadh and Doha bolstering investment in their own financial centres.
There is increasing competition among Gulf states to develop their financial sectors as part of economic diversification, with the likes of Abu Dhabi, Riyadh and Doha bolstering investment in their own financial centres.
Dubai International Financial Centre (DIFC) revenue for 2024 was at 1.78 billion AED ($485 million), 37% higher than in 2023, the Dubai media office reported on Tuesday.
DIFC's operating profit grew to 1.33 billion AED in 2024, up 55% from 2023, the media office said.
There is increasing competition among Gulf states to develop their financial sectors as part of economic diversification, with the likes of Abu Dhabi, Riyadh and Doha bolstering investment in their own financial centres.