DIFC reports best annual performance ever – ArabianBusiness.com

DIFC reports best annual performance ever – ArabianBusiness.com

The Dubai International Financial Centre (DIFC) has reported its best annual performance to date, with increases posted across a range of metrics.

In 2021, the financial hub recorded 996 company registrations, the highest ever figure for a single year and a 36 percent increase from 2020. The growth in company numbers is also more than triple the average number across the last decade, UAE state-news agency WAM reported.

The number of active registered firms in DIFC also increased to 3,644, a 25 percent jump from 2,919 in 2020. DIFC also said that 1,124 financial and innovation related entities are now active and operating within the centre, a 23 percent increase over 2020.