Dubai International Financial Centre (DIFC), the leading international financial hub in the Middle East, Africa and South Asia (MEASA) region and global number eight international financial center, has announced that it will host the region’s leading finance conference at the Dubai Exhibition Centre during Expo 2020 Dubai, taking place in Dubai from October 20, 2020 to April 10, 2021.
The Centre’s flagship event – a two-day conference under the theme The Future of Finance will bring together global leaders and business commentators alongside international and local sector changemakers. Exploring the latest financial sector trends, the event will uncover business growth opportunities offered within the fast growing MEASA region and reveal strategies to capitalize on the untapped economic opportunities presented within the region.
The event will demonstrate the significant promise represented by Dubai and DIFC as a springboard for growth for the Middle East, Africa and South Asia (MEASA) region. Comprising 72 countries and home to a population of three billion, with a nominal GDP of $7.7 trillion, the region is growing evermore compelling as it continues to deliver strong growth. With 70% of MEASA residents having limited or no access to financial services, the event will present further collaboration opportunities between sector experts and deliver solutions to financial challenges.
Echoing the Expo 2020 theme ‘Connecting Minds, Creating the Future’, the two-day conference will also focus on topics such as the Government of Dubai’s innovation agenda, the latest economic sector developments and DIFC’s vision of transforming the financial landscape. In addition, the event will focus on the Centre’s role in transforming the MEASA financial ecosystem and fostering creativity, collaboration and innovation.
The Future of Finance will also play host to economists, policy makers and regulatory representatives and esteemed representatives from global and regional banks, insurance sector leaders, asset and wealth management organizations, private equity firms and family offices. The event will also feature leading Islamic Finance experts, speakers from the philanthropic sector as well as pioneering FinTech entrepreneurs and start-ups that together are collaborating to drive the future of finance and deliver sustainable growth.
The Future of Finance event will also provide an indepth look into the development of DIFC by showcasing the progressive stages of DIFC expansion. The Centre’s phased growth plan will triple the scale of the leading financial hub in the Middle East, Africa and South Asia (MEASA) region and further enable DIFC to drive the future of finance.
Commenting on the collaboration between Expo 2020 and DIFC, Arif Amiri, Chief Executive Officer, DIFC Authority, said: “The flagship event during Expo 2020 is an important milestone as we continue on our journey to transform the future of finance throughout the MEASA region and globally. The MEASA region is one of the world’s fastest growing markets, and is becoming ever more compelling as it continues to deliver strong growth, representing significant investment promise.
“There is a robust link between innovation and growth. A key factor propelling economic development in the region is technological innovation which has created new value propositions, attracted new global investment and generated a diversification of sector opportunities—SG