Page 196 - AAE PR REPORT - June 2024

5/29/24, 3:51 PM DIFC publishes report on regional outlook for banking, capital markets | Emirates News Agency
privatisation of state-related entities, followed by listings

by family-owned companies, and lastly, FinTech and

tech-enabled start-ups.

Additionally, the report considers the profile of investors

based in the region, especially Dubai, which has

attracted a rising number of wealthy individuals and

families who are seeking to capitalise on investment

opportunities.

Commenting on the report’s findings, Arif Amiri, Chief

Executive Officer, DIFC Authority, said, “Driven by the

surge in IPOs, capital markets across the MENA region

have experienced remarkable expansion, driven by

reforms aimed at enhancing market infrastructure and

fostering greater foreign and regional investment

inflows. With its strategic initiatives and robust

regulatory framework, DIFC plays a pivotal role in

driving innovation and stimulating growth within the

financial sector. Dubai’s IPO boom underscores the city’s

status as a thriving hub for capital markets, and DIFC’s

role in enabling this acceleration through the firms that

drive capital markets and provide advisory services for

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