Dubai International Financial Center: 20 Years of Growth and Ambition – Sheikh Maktoum’s Vision for the Future

2024-02-15 08:18:44

His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance, said through His Highness’s official account on the social networking site “X”, previously “Twitter”, that we are celebrating the 20th anniversary of the founding of the Dubai International Financial Center, which houses… Today, there are more than 5,500 active companies, and it has consolidated its position as the largest and broadest pool of talent working within the financial services sector by employing more than 41,500 employees. Total revenues in 2023 reached approximately 1.3 billion dirhams, and operating profits reached 859 million dirhams.

His Highness added, “With his pioneering idea and outlook for the future, His Highness Sheikh Mohammed bin Rashid Al Maktoum inaugurated the Dubai International Financial Center 20 years ago, and today, through His Highness’s renewed vision, we seek to achieve the goals of the Dubai Economic Agenda (D33) so that Dubai is among the four most important global financial centers.” .

His Highness concluded by saying, “Our ambitions are still at their beginning. In the coming years, there will be plans and projects to expand and develop policies and legislation to suit the economies of the future. The center will be an incubator for the most important innovation and financial technology companies, and the most important supporter of financial and family institutions and entrepreneurs. There are no limits to what we can accomplish, and tomorrow is better, with permission.” God”.

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