The Dubai International Financial Center (DIFC) said in a statement that it has strengthened its position to become the preferred option for world-renowned brokerage firms in the UAE, with 70 companies at the center.

According to Amac News: The Dubai International Financial Center announcement also said that 12 brokerage firms were licensed in 2023 by the Dubai Financial Services Authority (DFSA), the independent regulator of financial services conducted in or from the DIFC.
The growth reflects high demand and opportunities for brokers with the majority of new companies from the MEASA region, Europe, the UK and the US, according to the release.
Salman Jaffrey, Director of Business Development, DIFC Authority, said in just 20 years, DIFC has become the region’s global center of excellence for the financial industry, where the world converges for innovation and capital mobilization.
 DIFC, which houses the region’s largest and deepest financial ecosystem, announced unprecedented growth in the first half of 2024 with a total of 6,153 active companies, representing a significant 24% growth from the previous year’s 4,949 companies in 2023.
This includes a total of 820 supervised companies, each fully licensed and registered with the DFSA.