Dubai becomes a ‘Global Leader’ in the Global Financial Centre Index, achieving several ‘firsts’

Post by: Raman Preet

Photo : Dubai Government Media Office

Dubai’s position as one of the world’s top financial centres has been recognised in the latest Global Financial Centre Index (GFCI) rankings. The report highlights Dubai’s rapid progress, which is largely driven by the achievements of the Dubai International Financial Centre (DIFC) over the past 20 years.

The GFCI is a well-known and trusted ranking system published by Z/Yen Group in London. It evaluates 119 financial centres worldwide, using feedback from financial professionals along with detailed data on key factors such as infrastructure, business environment, and market performance.

For this edition, the index was based on 31,314 financial centre assessments collected from 4,946 financial experts who took part in the GFCI online survey. The rankings are regularly updated to reflect the changing conditions and opinions of industry professionals.

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Dubai’s Key Achievements in the GFCI Rankings
Top Five FinTech Hub:
For the first time, Dubai has entered the top five cities globally for FinTech (financial technology), thanks to DIFC's forward-thinking initiatives.

Global Leader Status:
Dubai is now one of only eight cities worldwide recognised as a global financial leader with strong and wide-ranging capabilities across the entire finance sector. It joins major cities like London, New York, and Paris in this category.

Higher Overall Ranking:
Dubai has moved up to 12th place globally in the overall GFCI ranking, making it the highest-ranked financial centre in the region.

Most Mentioned Financial City:
Dubai is now the most frequently mentioned financial city that industry experts expect will become more important in the future.

Top 15 in Global Competitiveness:
Dubai is the only city in the region to be ranked in the top 15 across multiple categories, including:

• 9th in infrastructure
• 10th in business environment
• 11th in reputation (covering laws, regulations, and innovation)
• 12th in human capital

Strong Performance Across Financial Sectors:
Dubai is also the only regional city to be listed in the top 15 for several key financial sectors, including:

• 5th in FinTech
• 6th in Professional Services
• 8th in Investment Management
• 13th in Trading
• 14th in Banking and Finance

Leadership’s Remarks
His Excellency Essa Kazim, Governor of DIFC, expressed pride in Dubai’s growing influence in the global financial sector. He stated that being named one of only eight global financial leaders highlights Dubai’s role in shaping the future of global finance. He credited DIFC’s continuous efforts and innovative strategies for helping Dubai become a top five FinTech hub for the first time.

Arif Amiri, CEO of DIFC Authority, highlighted Dubai’s rise in the GFCI rankings as proof of its commitment to building the region’s leading financial ecosystem. He noted that Dubai’s recognition as a top performer in key financial sectors reflects its strength in innovation, legal frameworks, and workforce development.

A Bright Future for Dubai’s Financial Sector
Dubai’s growing influence in global finance is the result of strategic planning, investment in technology, and regulatory excellence. The city’s position as a global financial leader is expected to strengthen further, attracting more businesses, investors, and talent to its thriving financial hub.

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