Dubai Financial Hub Added 2,000 Jobs as Listed Firms Rise

(Bloomberg) -- The Dubai International Financial Centre, the Middle East’s financial hub, added more than 2,000 new jobs last year.

The number of those employed in the DIFC climbed to 25,600 as the amount of registered companies rose 14% to 2,437, the business park said in a report Sunday. There are now 737 “active financial firms” registered, up 18% from 2018.

• Registrations in 2019 include AntFinancial’s global payments pioneer WorldFirst, Malaysia’s Maybank Islamic Berhad, Cantor Fitzgerald and Mauritius Commercial Bank.
• Business park says it’s on track to achieve 2024 goals.

To contact the reporter on this story: Reema Alothman in Riyadh at ralothman1@bloomberg.net

To contact the editors responsible for this story: Shaji Mathew at shajimathew@bloomberg.net, Claudia Maedler

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