Investments
11Funds
2Partners & Customers
10About Dubai International Financial Centre
Dubai International Financial Centre offers a robust regulatory platform, UK Common Law framework, tax-friendly regime, and a community of almost 22,000 professionals working across more than 1,700 companies.
Dubai International Financial Centre Headquarter Location
Sheikh Zayed Rd
Dubai,
United Arab Emirates
Latest Dubai International Financial Centre News
Jul 2, 2022
Dubai: After attracting crypto firms, property investors and Russian billionaires, Dubai is drawing a new crowd: hedge fund managers. Izzy Englander’s Millennium Management has grown its staff in the Dubai International Financial Centre to about 30 since securing a license in 2020. Michael Gelband’s ExodusPoint Capital Management, one of the largest multi-strategy hedge funds in the world, registered in the DIFC in June, according to a filing. All Blue Capital ditched its London headquarters to base itself in the city, where it now has almost half its global staff. Michael Platt’s private investment firm BlueCrest Capital Management is also expanding in the emirate, with former Citadel money manager Chris Wheeler among those hired. They are part of a growing clutch of firms choosing to expand in the business hub. Brexit has spurred many funds to seek new bases outside the City of London, while some traders have fled Hong Kong’s strict Covid restrictions. And with living costs soaring around the world, Dubai’s tax-free welcome mat has seldom looked so appealing. “We are in a unique situation where the classic financial centers are disintegrating,” said Tom Kirchmaier, professor at the Centre for Economic Performance at the London School of Economics. “Living
Dubai International Financial Centre Investments
11 Investments
Dubai International Financial Centre has made 11 investments. Their latest investment was in Jindal Poly Films as part of their PIPE on May 5, 2022.
Dubai International Financial Centre Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
5/30/2022 | PIPE | Jindal Poly Films | Yes | 1 | ||
1/1/2022 | Seed VC | Durioo | Yes | 1 | ||
11/2/2021 | Seed VC - II | Tarabut Gateway | $12M | Yes | 20 | |
8/9/2021 | Series B | |||||
7/26/2021 | Unattributed |
Date | 5/30/2022 | 1/1/2022 | 11/2/2021 | 8/9/2021 | 7/26/2021 |
---|---|---|---|---|---|
Round | PIPE | Seed VC | Seed VC - II | Series B | Unattributed |
Company | Jindal Poly Films | Durioo | Tarabut Gateway | ||
Amount | $12M | ||||
New? | Yes | Yes | Yes | ||
Co-Investors | |||||
Sources | 1 | 1 | 20 |
Dubai International Financial Centre Fund History
2 Fund Histories
Dubai International Financial Centre has 2 funds, including Dubai International Financial Centre I.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
---|---|---|---|---|---|
11/14/2017 | Dubai International Financial Centre I | $100M | 2 | ||
Fintech Fund |
Closing Date | 11/14/2017 | |
---|---|---|
Fund | Dubai International Financial Centre I | Fintech Fund |
Fund Type | ||
Status | ||
Amount | $100M | |
Sources | 2 |
Dubai International Financial Centre Partners & Customers
10 Partners and customers
Dubai International Financial Centre has 10 strategic partners and customers. Dubai International Financial Centre recently partnered with Silicon Foundry, and Enhance Ventures on April 4, 2022.
Date | Type | Business Partner | Country | News Snippet | Sources |
---|---|---|---|---|---|
4/7/2022 | Partner | United States, and United Arab Emirates | 1 | ||
1/3/2022 | Partner | United Arab Emirates | Emirates NBD marks its fifth year of engagement with DIFC FinTech Hive As part of its partnership with DIFC FinTech Hive , Emirates NBD was also a key partner of AccelerateHer , a female-focused career mentorship program targeted at developing young women in the industry professionally and personally . | 1 | |
11/15/2021 | Partner | United States | We are delighted that Gen Re chose to operate from the Dubai International Financial Centre , recognising the potential to grow their business from the Centre . | 1 | |
6/27/2021 | Client | ||||
6/16/2021 | Licensor |
Date | 4/7/2022 | 1/3/2022 | 11/15/2021 | 6/27/2021 | 6/16/2021 |
---|---|---|---|---|---|
Type | Partner | Partner | Partner | Client | Licensor |
Business Partner | |||||
Country | United States, and United Arab Emirates | United Arab Emirates | United States | ||
News Snippet | Emirates NBD marks its fifth year of engagement with DIFC FinTech Hive As part of its partnership with DIFC FinTech Hive , Emirates NBD was also a key partner of AccelerateHer , a female-focused career mentorship program targeted at developing young women in the industry professionally and personally . | We are delighted that Gen Re chose to operate from the Dubai International Financial Centre , recognising the potential to grow their business from the Centre . | |||
Sources | 1 | 1 | 1 |
Dubai International Financial Centre Team
2 Team Members
Dubai International Financial Centre has 2 team members, including former Chief Executive Officer, Dhaher Bin Dhaher Al Mheiri.
Name | Work History | Title | Status |
---|---|---|---|
Dhaher Bin Dhaher Al Mheiri | Chief Executive Officer | Former | |
Jeffrey H. Singer | Chief Executive Officer | Former |
Name | Dhaher Bin Dhaher Al Mheiri | Jeffrey H. Singer |
---|---|---|
Work History | ||
Title | Chief Executive Officer | Chief Executive Officer |
Status | Former | Former |
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