The Dubai International Financial Centre (DIFC) has introduced its new Funds Centre, targeting wealth and asset managers as it aims to expand its influence in the global financial landscape. Applications are now open for firms looking to establish a presence in Dubai.

With more than 400 companies already established, DIFC continues to see rapid growth in the wealth and asset management sector. "Our community is growing rapidly, making us the go-to financial hub in the region," said Salmaan Jaffery, Chief Business Development Officer at DIFC.

DIFC Funds Centre Set to Open in Early 2025

The DIFC Funds Centre, launching in the first quarter of 2025, will provide flexible workspaces and networking opportunities for wealth and asset managers. Interested firms are encouraged to join the waitlist, as spots are limited and allocated on a first-come, first-served basis.

Dubai continues to attract high-net-worth individuals, with the city now home to 62% of the UAE’s wealthiest residents. The DIFC’s new initiative aligns with its ongoing partnerships and solidifies its position as a prime destination for wealth management and investment.

Read More: IHG Launches First Regent Residences in the Middle East