Origin
Established in 2004 by Dubai's ruler under a federal decree, designed to compete with Bahrain and Singapore as a regional finance hub. The Gate Building opened the same year as the visual centrepiece.
Who works here
- International banks: Goldman, JPMorgan, Citi, Morgan Stanley, HSBC
- Hedge funds: Brevan Howard (DIFC office), Millennium, Citadel, ExodusPoint
- Family offices serving Gulf and South-Asian UHNW
- DFSA (regulator)
Landmarks
- The Gate Building
- Gate Avenue
- ICD Brookfield Place
- Burj Daman
Primary exchange
Dubai Financial Market· DFM
Three indices a local would build
Open the prompt box pre-filled with one of these and turn it into a transparent, rule-based index in under a minute.
- Gulf-region banks: 15 names from UAE, Saudi Arabia, Qatar, Kuwait, Bahrain, equal-weighted.open in builder →
- Saudi Tadawul large-caps ex-Aramco.open in builder →
- Listed sovereign-wealth-fund-backed companies in the GCC.open in builder →