DMCC unveils plans for new financial centre

Supplied

DMCC — Dubai’s leading international business district — has announced plans to create a new Financial Centre that will anchor trade finance, fintech innovation and digital asset solutions across its 26,000-member community.

The centre will bring together banks, fintechs, accelerators and investment firms in one integrated ecosystem, serving as the financial backbone of DMCC and strengthening Dubai’s position among the world’s top financial hubs.

Building on the success of the recently launched DMCC Wealth Hub, the new Financial Centre aims to expand access to capital and bridge traditional and digital finance, reflecting the UAE’s broader ambition to diversify its economy through innovation and global connectivity.

DMCC’s Executive Chairman and CEO, Ahmed Bin Sulayem, says the centre will connect member companies more directly to the global financial system, driving growth across Dubai and beyond.

Further details are expected to be unveiled at the upcoming Dubai Precious Metals Conference in November, marking the next chapter in DMCC’s transformation from a commodities leader into a diversified financial and technology-driven trade hub.

The announcement came as DMCC concluded its latest trade roadshow in Vietnam, part of its ongoing efforts to deepen UAE–Southeast Asia business ties, and follows last year’s UAE–Vietnam Comprehensive Economic Partnership Agreement.

More from Business News

News

  • UAE soldier dies during training mission

    The UAE Ministry of Defence has announced the death of soldier Issa Ghuloom Al Baloushi, who passed away during a training mission in the country on Saturday.

  • UAE expresses concern over military escalation in Sudan

    The UAE has expressed deep concern over the continued military escalation by the two warring parties in several areas of Sudan, including El Obeid, and the impact on civilians and the worsening humanitarian situation.

  • UAE steps up relief aid for Lebanon

    Under the directives of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, the UAE is sending humanitarian aid to people affected by the ongoing crisis in Lebanon through the UAE Aid Agency.