Page 212 - AAE PR REPORT - June 2024
P. 212
5/29/24, 3:53 PM DIFC publishes Regional Outlook for Banking and Capital Markets | mea-finance.com
DIFC publishes Regional Outlook
for Banking and Capital Markets
By MEA Finance - May 27, 2024
Dubai International Financial Centre
Dubai International Financial Centre (DIFC), the leading global financial centre in
the MEASA region, has published a ‘Regional Outlook for Banking and Capital
Markets’ report in partnership with LSEG Data & Analytics.
The report focuses on how regional IPO growth is expected to come in three
phases. Firstly, the continued 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
https://mea-finance.com/difc-publishes-regional-outlook-for-banking-and-capital-markets/ 1/4