Billionaire Michael Platt’s private investment firm, BlueCrest Capital Management, has obtained full regulatory authorization from the Dubai Financial Services Authority (DFSA). This approval allows the firm to hire traders and manage capital from Dubai, a city that has increasingly become a hub for money managers in recent years. According to sources familiar with the situation,...
Tag: DIFC
BridgeWise Launches UAE Operations with DIFC License and Investment from Emirates NBD
BridgeWise Launches UAE Operations with DIFC License and Investment from Emirates NBD, an AI-powered investment intelligence platform, has officially launched its operations in the UAE after securing a license from the DIFC. This achievement marks a significant step in the company’s global expansion strategy and enhances its position in one of the world’s leading fintech...
DIFC to Host 3rd Dubai FinTech Summit on May 12-13, 2025
The Dubai International Financial Centre (DIFC) will host the third edition of the Dubai FinTech Summit on May 12 and 13, 2025. This event is held under the patronage of His Highness Maktoum bin Mohammed, the Deputy Ruler of Dubai and Chairman of the DIFC. His Highness emphasized that the summit showcases Dubai’s commitment to...
Indian Wealth Firm Ambit Expands into Middle East with DIFC Office
Ambit Global Private Client (Ambit GPC), a player in bespoke financial solutions, has officially launched its operations in the Middle East with a new office located in the Dubai International Financial Centre (DIFC). This strategic expansion follows Ambit’s acquisition of Dubai-based Moonrock Investments Ltd in November 2024, which underscores the Indian wealth management firm’s ambition...
Residential Sales Launch for Heights Tower in DIFC
Dubai International Financial Centre (DIFC) has announced that residential sales for its upcoming Heights Tower will begin on April 16. This development will feature 366 luxury residences, ranging from one-bedroom apartments to four-bedroom duplexes, and is positioned on the last plot within the original DIFC district. Heights Tower, developed by DIFC Developments, aims to establish...
Heights Tower to Fill Final Plot in Dubai’s DIFC District
The 39-storey ‘Heights Tower’ project is set to occupy the last available plot within the original Dubai International Financial Centre (DIFC) district. Sales for the 366 luxury units in this new development are scheduled to commence on April 16, with completion expected by 2029. DIFC has been actively launching new off-plan projects to meet the...
DIFC Launches Heights Tower, Redefining Urban Luxury Living
Dubai International Financial Centre (DIFC) has announced the launch of Heights Tower, a new mixed-use development that will transform urban luxury living in the region. Sales for the upscale residences will begin on April 16, 2025. The tower is situated on the final plot within the original DIFC district and is adjacent to the forthcoming...
AWS GenAI Loft Dubai Set to Boost AI Innovation and Investment
The AWS GenAI Loft Dubai is poised to significantly enhance the UAE’s reputation as a leader in AI innovation and investment. Taking place from April 7 to 11, 2025, at the Dubai International Financial Centre (DIFC) Innovation One, this event will gather business leaders, investors, developers, startups, and AI enthusiasts to explore cutting-edge AI technologies...
Dubai Achieves 5th Place Globally for FinTech in Global Financial Center Index
Dubai has reached a significant milestone by ranking 5th globally for FinTech in the latest Global Financial Center Index. This achievement underscores the city’s transformation into a leading global financial center, largely credited to the Dubai International Financial Centre (DIFC) and its efforts over the past 20 years. Additionally, Dubai’s overall ranking improved to 12th...
Dubai AI Festival 2025 Set to Showcase AI Innovations in Travel and Business
The Dubai AI Festival 2025 is poised to make a significant impact on the global landscape of artificial intelligence (AI) during AI Week, taking place on April 23-24, 2025, at Madinat Jumeirah, Dubai. This festival aims to unite AI and travel innovators to explore breakthroughs, investments, and the future of AI-driven industries. It is organized...