Dubai has uploaded the classifications of the most powerful financial centers in the world and has been classified as one of Fintech’s best cities in a global report.
Dubai’s progress as one of the world’s main world financial centers was collected in the last edition, the classifications of the global financial center are successful are attributed to DIFC’s achievements over the last 20 years.
Published by Z/Yen in London, the most credible index for the financial services industry qualifies 119 financial centers worldwide that combine evaluations of financial professionals with quantitative data that form instrumental factors.
Dubai financial classification
31.314 Evaluations of financial centers of 4,946 financial service professionals who responded to the GFCI online questionnaire were collected.
The GFCI is updated regularly, and the grades change as the evaluations and instrumental factors change.
Dubai headlines include:
- Become one of the five main cities worldwide for Fintech for the first time, promoted by DIFC initiatives
- Being categorized as only one of the eight cities in the world to be a global leader with “broad and deep” capabilities in all parts of the financial industry, together with cities, including London, New York and Paris.
- A general classification that advances until 12th (regional comparison below)
- Become the number one financial city (most) that is expected to become more significant
- Being the only financial city in the region that appears in the 15 main categories to be globally competitive: ninth – infrastructure, tenth – business environment, 11th reputation (includes laws, regs and innovation) and 12th – Human capital – Human capital
- Being the only financial city in the region that now appears in any of the fifteen main cities list for each of the following sectors: Quinchasco, Fintech, Sixth – Professional Services, Eighth – Investment Management, 13th – Commerce and 14 ° – Banking/Finance
Essa Kazim, Governor of DIFC, said: “With Dubai as one of the eight cities around the world to be recognized as a world leader in the financial industry, we are proud to shape the future of global finances and contribute to the economic agenda of Dubai.
“Dubai’s emergency as one of the first five global final centers for the first time is a continuous commitment to innovation and excellence, promoted by DIFC retention initiatives.
“Since Dubai became the most mentioned financial city in terms of what is expected to be more significant in the coming years, we reaffirm our position as the main global financial center in the region.”
Arif Amiri, CEO of Diff Authority, said: “Dubai’s continuous increase in the index of global financial centers reflects the unwavering commitment of DIFC to further develop the number one financial ecosystem in the region.
“As the only financial city in the region that is classified in the Top 15 for global competitiveness in multiple categories, our leadership is evident.
“Moreover, Dubai’s recognition as high performance in key sectors underlines the breadth and depth of our financial capacities.
“These achievements demonstrate our strategic approach to innovation, legal and regulatory excellence, and the development of a talented workforce, ensuring that Dubai remains at the forefront of global finances.”
Top 20 global financial centers
- New York
- London
- Hong Kong
- Singapore
- San Francisco
- Chicago
- Los Angeles
- Carry off
- Shenzhen
- Seoul
- Frankfurt
- Dubai
- Washington DC
- Dublin
- Geneva
- Luxembourg
- Paris
- Amsterdam
- Boston
- Beijing
