As for Dubai International Financial Centre’s location, it is located between Emirates Towers and Burj Khalifa, comprising three districts: retail, residential, and commercial; they are all connected by a retail corridor.
Aiming to compete with other cities in London and New York City, DIFC opened as an onshore financial centre in 2004 and it soon became one of the biggest free zones in the city.
This enormous financial free-trade zone has captured traders’ attention by the massive impact on the real estate industry, industrial manufacturing, and financial services. Those financial services also include capital market issues, fund registration, asset management, Islamic finance, back-office services, and all kinds of banking services as well.