Capricorn Fund Managers Dubai launches hosting solution for fund managers in DIFC
DIFC
DIFC
Banking giant Investec opens its Dubai office at DIFC
The new office of the international bank and well-known wealth management company is at Central Park Towers in DIFC
DIFC
Dubai hedge fund boom lifts UAE economy as region’s rich look to invest
Dubai International Financial Centre authorised 10 new hedge funds last year as rising millionaire population want to invest cash and grow wealth
DIFC
DIFC: Santander opens private banking office in Dubai as it targets share of $8tn private wealth in region
Santander Private Banking opens private wealth office in Dubai International Financial Centre
brokerage
Dubai International Financial Centre a hub for brokerage firms
Dubai International Financial Centre has 70 renowned brokerage firms operating in the UAE
Abu Dhabi
AB Majlis podcast: Dubai’s Brookfield Properties eyes Gulf expansion amid premium office crunch
CEO Rob Devereux did not confirm specific projects, but hinted at opportunities for expansion in Abu Dhabi and Saudi Arabia to capitalise on the region’s growing demand for premium commercial real estate
Asset Management
Dubai International Financial Centre announces Funds Centre to attract wealth and asset managers
Dubai International Financial Centre Funds Centre invites applications as it looks to lure wealth funds and asset managers to the city
DFSA
Dubai’s DFSA reports 22% strong growth in first half of 2024
The total number of regulated entities in the Dubai International Financial Centre (DIFC) has reached 837
DFSA
DFSA slaps $980,020 fine on former Mirabaud banker
The regulator found that Georgiou lacked integrity and was unfit to provide financial services in the DIFC
Blockchain
Crypto firm Ripple teams up with DIFC to boost blockchain business in Dubai
DIFC and Ripple set to accelerate blockchain and crypto innovation in Dubai
Companies in DIFC
India’s Nuvama Private launches wealth management base in Dubai
Nuvama Private targets wealthy Indian investors with Dubai International Financial Centre office
DIFC
DIFC Courts record strong uptake in first half of 2024
The total value of cases across all divisions was AED1.05 billion, with 480 cases filed, the Dubai International Financial Centre (DIFC) Courts said
commercial real estate
Dubai announces new mixed-use development project ‘DIFC Square’
DIFC Square will comprise three connected buildings providing 600,000 square feet of office space and 17,200 square feet of retail area
DFSA
Dubai’s Fuse secures DIFC license to tap surging digital remittance demand in UAE
The license will enable the company to cater to the growing demand for remitting money into the UAE
DIFC
Aman Group announces Janu Dubai luxury hotel and branded residences in DIFC
Boutique hotel brand to open properties in Dubai’s DIFC and Jumeirah Beach districts
commercial real estate
Neo Capital DIFC announces acquisition of Netherlands warehouse for €45.55m
The acquisition marks Neo Capital’s third investment in the Netherlands, the first two being its investments in two commercial towers in Rotterdam and Hoofddorp (Amsterdam)
capital market investors
Dubai IPO boom expected with privatisation, family business listings and tech start-ups; 110,000 HNWIs grow investment pool
‘Dubai’s IPO boom underscores the city’s status as a thriving hub for capital markets’ says DIFC boss