DIFC achieves record 2022 growth amid Dubai’s continued economic recovery – The National

DIFC achieves record 2022 growth amid Dubai’s continued economic recovery – The National

Dubai International Financial Centre (DIFC) grew at a record pace last year, with the number of active registered companies climbing by 20 per cent while the financial hub’s annual revenue exceeded Dh1 billion ($288 million) for the first time, amid strong economic momentum in the emirate.

Employment in DIFC, one of the top financial centres in the Middle East, Africa and South Asia (Measa) region, also increased at the fastest pace in 2022, jumping 22 per cent annually to more than 36,000, Essa Kazim, governor of DIFC, told a media briefing on Monday.

The sharp growth supports Dubai’s D33 economic agenda objectives and was driven by the financial centre’s 2030 strategy aimed at doubling its contribution to the emirate’s economy by the end of the decade.