The Dubai Financial Services Authority (DFSA), which serves as the independent regulator for the Dubai International Financial Centre (DIFC), has officially published its Annual Report for 2024. This report outlines the DFSA’s achievements and the overall performance of the financial sector within the DIFC during the past year.

In the report, the DFSA highlighted significant growth in the number of registered firms and the expansion of the financial services industry within the DIFC. It noted that the financial sector has seen a steady increase in both local and international firms taking advantage of the regulatory framework and business-friendly environment offered by the DIFC.

The DFSA’s commitment to maintaining robust regulatory standards was emphasized, along with its efforts to foster innovation and support the growth of the financial ecosystem in Dubai. The authority aims to enhance the economic impact of the DIFC on both the local and regional markets, ensuring that it remains a leading global financial hub.