Post by: Bandan Preet
Photo: Dubai Government Media Office
The Dubai International Financial Centre (DIFC), a leading financial hub in the Middle East, Africa, and South Asia (MEASA), has partnered with Asia House to examine the ongoing changes in the global financial industry. They have released a report titled "The Global Finance and Investment Outlook: Charting Technological Shifts and New Global Flows," which explores how financial services are evolving across different regions and sectors.
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This report is based on in-depth research and insights from top financial experts who are part of DIFC’s ecosystem. It highlights key financial trends shaping global markets, the movement of capital and talent, emerging investment corridors, and economic uncertainties that could impact the industry’s future. The report provides a comprehensive overview of how finance transforms in response to technological advancements, economic shifts, and regulatory changes.
Speaking about the new report series, Salmaan Jaffery, Chief Business Development Officer at DIFC, emphasized that the financial world is undergoing significant changes. He explained that the Future of Finance series aims to share insights on this transformation, highlighting a shift in economic power towards the East, the rise of new financial networks, and the revolutionary impact of AI. He also noted that Dubai and DIFC play a crucial role as a global financial hub, connecting the economies of the East and West.
Michael Lawrence OBE, CEO of Asia House, added that the financial services sector is evolving rapidly due to structural and technological changes. He pointed out that the Future of Finance series will help financial leaders understand key trends and risks shaping the industry. He expressed his enthusiasm about partnering with DIFC on this important research.
The report states that in today’s economic environment, financial firms are seeking a stable and forward-thinking location to support their growth. They are looking for smart regulations, a strong legal system, strategic global access, and an ecosystem that fosters innovation and skilled talent. Dubai has positioned itself as a key player in this landscape, offering financial institutions access to nearly $4 trillion in private and family wealth. DIFC is playing a major role in turning these large regional wealth pools into investable capital.
The study also discusses changes in global monetary policies, new investment opportunities, and economic trends that are redefining finance. It examines the impact of AI, digital finance, Islamic Finance, sustainable investment, private credit, and geopolitical relations between major global economies. A key takeaway from the report is that financial firms must prepare for new risks such as interest rate fluctuations, inflationary pressures, trade protectionism, and talent shortages in the financial sector. The study also highlights the movement of wealth across regions, explaining why these shifts are happening and what they mean for financial markets.
Artificial Intelligence is expected to have the greatest impact on finance, with AI predicted to contribute nearly $15.7 trillion to the global economy by 2030. The financial sector stands to gain the most, as AI will unlock new revenue opportunities, improve customer experiences, increase efficiency, and reduce costs. However, the lack of consistent regulations worldwide remains a challenge, and the full potential of AI in finance can only be realized through clear and well-structured rules. Dubai is already taking the lead in AI regulation, with DIFC introducing the world’s first Digital Assets Law and launching initiatives like the Dubai AI Licence and the "AI as a Service" model to strengthen its position as a global innovation hub.
Over the past 20 years, DIFC has expanded into a world-class financial center that promotes innovation, collaboration, and sustainable development. With Dubai’s launch of the Dubai Universal Blueprint for Artificial Intelligence, DIFC is accelerating the adoption of AI within industries, further establishing itself as the largest AI, FinTech, and innovation ecosystem in the region.
The Future of Finance report series aims to continue providing valuable insights into the evolving financial landscape, helping businesses and investors navigate the challenges and opportunities ahead. DIFC remains committed to shaping the future of finance by fostering a dynamic, technology-driven, and globally connected ecosystem.
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