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Focus on the Dubai International Financial Centre DIFC
Banks and Banking: Attracted to the region by its growing wealth, cross-boarder trade and investment activity, M&A activity and ongoing restructuring by state owned enterprises, corporations and private entities, a large number of banks and brokerages have established a presence in DIFC. From DIFC, investment banks are able to service the region's growing financing needs and support growing sophistication of businesses operating in and from around the region. Recent years have seen the expansion of the corporate sector with more sophisticated financing requirements. Regional debt capital markets are also picking up as governments and corporates across the region diversify their funding bases they will need to resort more and more to capital markets to tap into private financing.
Insurance: DIFC endeavors to promote the development of a thriving regional insurance market. Global and regional insurers, reinsurers and brokers are attracted to set up in the centre due to its world-class infrastructure, legislation and regulation. In many cases, international players tie up with regional firms to establish a new entity to cater to the region’s demand for insurance and reinsurance services. With the growing presence of regional and international players, the insurance penetration in the market has grown, outpacing that of industrialized countries.
Wealth Management: The region benefits from a vast pool of wealth and a growing appetite for specialist investment products. There is also an increasing demand from high net worth individuals for tailor made solutions which meet their specific and individual wealth management requirements. Our legislative and regulatory regime has created a highly supportive and secure environment for the growth of the funds industry. In compliance with IOSCO Principles, the Funds Regime allows for the domiciliation, management and distribution of funds from DIFC.
The vast scope for investing, managing and administering this enormous wealth has encouraged many of the world’s biggest asset managers, hedge funds and private equity firms to set up within DIFC and take advantage of the ability to:
• Manufacture and distribute tailor-made mandates and specialist investment products
• Manage the world’s largest concentration of Islamic wealth
• Offer advanced asset management products for institutional investors including the region’s large sovereign wealth funds
• Access investment opportunities across the region and gaining exposure to rapidly growing emerging markets
• Tap into the regions vast pool of wealth for fund raising and seed capital
Capital Markets: Traditionally, companies, governments and financial institutions have looked to the international capital markets to meet their financing needs. However, with the advent of the regional stock markets, there has been an increasing flow of IPOs and listings on the regional exchanges. At the same time, regional investors have required liquid and efficient markets to absorb the rapidly growing stock of financial assets accumulating in pensions, life funds, collective investment schemes and other savings vehicles. DIFC is a platform for investment banks & financial intermediaries to service the capital markets of the region with:
• Underwriting
• M&A advisory
• Venture capital
• Private equity
• Private banking
• Trade finance
• Brokerage service
Professional Services: The region has witnessed a growing demand for professional service firms driven by greater sophistication in financial services requiring specialist advisory work, increased cross-jurisdictional trade and transactions, and the ongoing restructuring by state owned enterprises, corporations and private entities. Through its offering of world-class technology and associated infrastructure, a pool of multilingual highly skilled professionals, DIFC has attracted a wide range of professional service providers including:
• Legal
• Accounting and audit
• Consulting
• Compliance
• Recruitment
• Risk management
• Data and research providers
Banks and Banking: Attracted to the region by its growing wealth, cross-boarder trade and investment activity, M&A activity and ongoing restructuring by state owned enterprises, corporations and private entities, a large number of banks and brokerages have established a presence in DIFC. From DIFC, investment banks are able to service the region's growing financing needs and support growing sophistication of businesses operating in and from around the region. Recent years have seen the expansion of the corporate sector with more sophisticated financing requirements. Regional debt capital markets are also picking up as governments and corporates across the region diversify their funding bases they will need to resort more and more to capital markets to tap into private financing.
Insurance: DIFC endeavors to promote the development of a thriving regional insurance market. Global and regional insurers, reinsurers and brokers are attracted to set up in the centre due to its world-class infrastructure, legislation and regulation. In many cases, international players tie up with regional firms to establish a new entity to cater to the region’s demand for insurance and reinsurance services. With the growing presence of regional and international players, the insurance penetration in the market has grown, outpacing that of industrialized countries.
Wealth Management: The region benefits from a vast pool of wealth and a growing appetite for specialist investment products. There is also an increasing demand from high net worth individuals for tailor made solutions which meet their specific and individual wealth management requirements. Our legislative and regulatory regime has created a highly supportive and secure environment for the growth of the funds industry. In compliance with IOSCO Principles, the Funds Regime allows for the domiciliation, management and distribution of funds from DIFC.
The vast scope for investing, managing and administering this enormous wealth has encouraged many of the world’s biggest asset managers, hedge funds and private equity firms to set up within DIFC and take advantage of the ability to:
• Manufacture and distribute tailor-made mandates and specialist investment products
• Manage the world’s largest concentration of Islamic wealth
• Offer advanced asset management products for institutional investors including the region’s large sovereign wealth funds
• Access investment opportunities across the region and gaining exposure to rapidly growing emerging markets
• Tap into the regions vast pool of wealth for fund raising and seed capital
Capital Markets: Traditionally, companies, governments and financial institutions have looked to the international capital markets to meet their financing needs. However, with the advent of the regional stock markets, there has been an increasing flow of IPOs and listings on the regional exchanges. At the same time, regional investors have required liquid and efficient markets to absorb the rapidly growing stock of financial assets accumulating in pensions, life funds, collective investment schemes and other savings vehicles. DIFC is a platform for investment banks & financial intermediaries to service the capital markets of the region with:
• Underwriting
• M&A advisory
• Venture capital
• Private equity
• Private banking
• Trade finance
• Brokerage service
Professional Services: The region has witnessed a growing demand for professional service firms driven by greater sophistication in financial services requiring specialist advisory work, increased cross-jurisdictional trade and transactions, and the ongoing restructuring by state owned enterprises, corporations and private entities. Through its offering of world-class technology and associated infrastructure, a pool of multilingual highly skilled professionals, DIFC has attracted a wide range of professional service providers including:
• Legal
• Accounting and audit
• Consulting
• Compliance
• Recruitment
• Risk management
• Data and research providers
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