Dubai has achieved its highest-ever position in the Global Financial Centers Index, climbing to seventh place worldwide and reinforcing its status as a major global financial hub, according to WAM.
This milestone represents the best ranking ever secured by any financial center across the Middle East, Africa, and South Asia (MEASA) region. It also highlights Dubai’s increasing role and influence in the global financial landscape. Notably, Dubai remains the only city from the region to feature among the world’s top 20 financial centers, reflecting its strong international standing.
The city’s rise is largely driven by the strength and diversity of its financial ecosystem, anchored by the Dubai International Financial Centre. The DIFC, recognized as the region’s largest and most comprehensive financial district, now hosts more than 9,000 active companies. These include leading global banks, asset management firms, hedge funds, insurance providers, and professional services organizations, collectively supporting a workforce exceeding 50,000 professionals.
Dubai has also recorded significant growth across key sectors such as fintech, capital markets, wealth management, insurance, and advisory services. This expansion has further strengthened its position as a vital financial bridge connecting major markets in Asia, Europe, and the Americas.
For the first time, Dubai has secured a place among the top 15 financial centers across all sectors evaluated in the index. Its banking sector ranks 14th globally, while finance, investment management, and insurance sectors have all entered the top 10.
Overall, this achievement underscores Dubai’s continued progress as a dynamic and competitive global financial center.
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