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MEASA’s finance capital

Dubai-based financial institutions are spearheading innovation in Islamic banking across the MEASA region.

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In the MENA region

Dubai ranked first in MENA and 19th worldwide among 114 cities surveyed in the 2021 Global Financial Centres Index.

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US$39.1 bn

EMEA fintech investments

The EMEA fintech market attracted US$39.1bn in investment in H1, 2021, including a record US$15.1bn in VC funding.

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Fintech proportion of VC funding

Fintech accounted for 30% of US$2.1bn-worth of seed-funding invested in the Middle East in 2020, the largest of any financial sector. Source: Arab News

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US$2.5 bn

Fintech market value

The fintech market in the Middle East and North Africa (MENA) is expected to reach US$2.5 billion by 2022.


Dubai International Financial Centre is consistently recognised as the leading financial centre in the Middle East, Africa and South Asia region.

Dubai Future Foundation: fueling growth in Dubai’s start-up sector
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Investment platforms like VentureSouq are integral in nurturing Dubai’s start-up sector, bringing in international stakeholders while showcasing start-ups on a global stage.

Insurance HQs
25 of the total 27 foreign insurance companies operating in the UAE are headquartered in Dubai, including AXA, Zurich Insurance and HDFC Life of India.
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