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Key people at DIFC.
The Dubai International Financial Centre (DIFC) operates as a leading international financial hub, providing an integrated platform for businesses within the Middle East, Africa, and South Asia (MEASA) region. It offers a comprehensive ecosystem that includes a common law framework, an independent regulatory body, and a robust physical and digital infrastructure. DIFC facilitates the establishment and growth of various firms, ranging from traditional financial institutions to innovative companies in AI and FinTech.
The DIFC was formally established in 2004 under the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. The foundational insight was to create a distinct financial free zone equipped with its own legislative system and regulatory authority. This strategic move aimed to position Dubai as a pivotal player in the global financial landscape, attracting foreign investment and expertise to the region.
DIFC serves a diverse clientele, encompassing financial service providers, non-financial businesses, startups, and technology innovators seeking to leverage its unique operating environment. The center's long-term vision is to lead the future of finance by fostering innovation, facilitating international trade and investment, and continually enhancing its position as a global financial epicentre. It remains committed to providing a conducive environment for sustained economic growth.
Key people at DIFC.
DIFC has 1 tracked investment across 1 company. The latest tracked deal is $15.0M Series B in Sarwa in August 2021.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Aug 9, 2021 | Sarwa | $15.0M Series B | — | 500 Startups, Hala Ventures, Kipco, Middle East Venture Partners, Oryx Fund, Shorooq Partners, Vision Ventures |