Close Menu
Invest Intellect
    Facebook X (Twitter) Instagram
    Invest Intellect
    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Commodities
    • Cryptocurrency
    • Fintech
    • Investments
    • Precious Metal
    • Property
    • Stock Market
    Invest Intellect
    Home»Fintech»Dubai to launch new financial centre powering fintech and digital asset growth
    Fintech

    Dubai to launch new financial centre powering fintech and digital asset growth

    October 30, 20253 Mins Read


    The new centre will focus on trade finance, fintech innovation and digital asset solutions, cementing DMCC’s position as a key global hub connecting traditional and digital finance.

    The announcement builds on the recent launch of the DMCC Wealth Hub, which caters to family offices and private capital.

    New Dubai financial centre plan

    Together, these initiatives represent the next phase in DMCC’s transformation from a commodities powerhouse into a diversified financial and technology-driven trade ecosystem.

    DMCC said the Financial Centre will serve as the “financial backbone” of its 26,000-strong community, clustering banks, fintechs, accelerators and investment firms within a single integrated platform to expand access to capital and advance the UAE’s ambition to position Dubai among the world’s foremost financial hubs.

    Further details about the Financial Centre will be unveiled at the Dubai Precious Metals Conference in November, marking a major milestone in DMCC’s growth strategy.

    UAE–Vietnam trade links

    The news came following a successful trade roadshow in Vietnam.

    The Vietnam roadshow comes amid accelerating trade between the two countries. The UAE–Vietnam Comprehensive Economic Partnership Agreement (CEPA), signed in October 2024, has already driven bilateral non-oil trade past $7.02bn (AED25.8bn) in the first half of 2025 — a 16.9 per cent year-on-year increase.

    The CEPA eliminates more than 98 per cent of tariffs and opens new opportunities in agri-food, manufacturing, and technology.

    Bilateral non-oil trade is projected to approach $20bn (AED73.5bn) in the coming years as both economies deepen cooperation.

    DMCC Dubai free zone

    Ahmed Bin Sulayem, Executive Chairman and CEO, DMCC, said the new Financial Centre and international engagement underscore Dubai’s growing role in global trade:

    “Building on the launch of DMCC Wealth Hub and our landmark agreement with VARA, the digital-asset regulator, we are creating a dedicated Financial Centre that will connect our 26,000 member companies more directly to the global financial system.

    “The centre will anchor trade finance, fintech innovation and digital-asset solutions across Dubai and beyond.”

    He added that since the UAE–Vietnam CEPA came into effect, bilateral trade has accelerated sharply, with DMCC now home to over 670 Southeast Asian companies, including an increasing number from Vietnam.

    The district is supporting growth in coffee, tea, energy-related supply chains, and advanced technology — sectors where Vietnam is a natural partner.

    “We look forward to deepening this partnership, unlocking new commercial opportunities, and supporting Vietnamese companies as they leverage CEPA to expand globally from Dubai,” Bin Sulayem said.

    DMCC expanding global footprint

    DMCC currently hosts more than 26,000 companies from 180 countries, accounting for 15 per cent of all foreign direct investment into Dubai.

    DMCC’s Made For Trade Live series, which included the Vietnam roadshow, serves as a cornerstone of its global outreach programme to strengthen trade ties with strategic partner markets.

    At the Vietnam events in Ho Chi Minh City and Hanoi, DMCC briefed more than 550 business leaders on how Dubai can serve as a launchpad for international expansion, particularly in high-growth areas such as agri-commodities, artificial intelligence, and digital infrastructure.

    The new Financial Centre initiative signals DMCC’s strategic evolution — from facilitating global commodities flows to powering digital finance and investment ecosystems, positioning Dubai as a world-class financial innovation hub.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    What Are Micropayments? Exploring Their Fintech Applications

    Fintech

    Fiserv Taps Microsoft for AI-Fueled Fintech Innovation

    Fintech

    Indonesia’s Fintech Lending Reaches Rp94.85 Trillion as Default Rate Rises

    Fintech

    Qatar for Canada: A Fintech Giant’s Move

    Fintech

    Why is Global Fintech Investment Rising?

    Fintech

    FinTech Wales Launches New Community Academy Alongside Leading Employers

    Fintech
    Leave A Reply Cancel Reply

    Top Picks
    Precious Metal

    Silver may outshine gold in the precious metals rally. Here’s why

    Commodities

    RCB coach Dinesh Karthik slams Chinnaswamy pitch

    Precious Metal

    Le marketing des courbes n’est pas durable…

    Editors Picks

    L’Union Européenne se dote d’un plan de renforcement et de protection pour sa production d’acier et de métal

    March 24, 2025

    The commodities to buy in 2026

    January 2, 2026

    le contexte du marché immobilier reste tendu

    January 30, 2025

    Invest in Courageous, Progressive Journalism

    August 25, 2024
    What's Hot

    Team of South Korean scientists find evidence dark energy may end our universe in a ‘Big Crunch’

    December 28, 2025

    Zelensky turns to Trump as Russia continues to bombard Ukraine’s energy sites

    October 17, 2025

    Croissance des néobanques : la fin du monopole des banques traditionnelles ? – Fintech & Neobanques > Start-up

    April 8, 2025
    Our Picks

    How much would your school district receive under House budget plan?

    April 7, 2025

    Investors warned to brace for lower returns as GOJ bonds mature

    October 14, 2025

    What Is Bitcoin and How Does It Work?

    April 20, 2025
    Weekly Top

    Real Estate Lags As Venture Capital Leads Q3 Returns

    January 9, 2026

    Gold and silver under scrutiny as index changes spark wave of bullion sales – Financial Times

    January 9, 2026

    Do these three things for more energy throughout the day

    January 9, 2026
    Editor's Pick

    Le Conseil d’Administration de Kuwait Real Estate approuve une augmentation de capital

    June 18, 2025

    Wall Street’s Most Accurate Analysts Spotlight On 3 Defensive Stocks Delivering High-Dividend Yields – Altria Group (NYSE:MO), WK Kellogg (NYSE:KLG)

    June 30, 2025

    Dubai Land Department signs deal with Crypto.com to develop digital investment environment for virtual real estate assets

    July 6, 2025
    © 2026 Invest Intellect
    • Contact us
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.