Unlike our counterparts in the region, we do not start from scratch, but rather solidify what is already in place, transforming it into a formal and comprehensive financial system. This approach is most clearly manifested at the intersection of the worlds of commerce and finance, which forms the foundation for the DMCC Financial Centre, the provisional name for a fully operational and integrated financial hub that will be officially announced later this month at the Dubai Precious Metals Conference. Ahmed bin Sulaim* Dubai is a city that does not wait for permission to innovate, but rather builds, experiments, and redefines its future. The DMCC is home to over 26,000 active companies, more than 1,620 of which operate in the fields of banking, insurance, and corporate services.
Dubai Solidifies Its Position as a Regional Financial Hub
Dubai is building upon its existing system to create a comprehensive financial hub. The new DMCC center, merging commerce and finance, will be officially launched this month, already hosting thousands of companies.