Latest news with #ArifAmiri
Arabian Post
4 days ago
- Business
- Arabian Post
Dubai Financial Centre Unveils Global Sustainability Initiative
Arabian Post Staff -Dubai The Dubai International Financial Centre has announced the launch of the Future Sustainability Forum, a global platform aimed at accelerating sustainable finance and innovation. Scheduled to take place on 4–5 December 2024 at Madinat Jumeirah, Dubai, the event seeks to foster collaboration among industry leaders, investors, policymakers, and technology innovators to address pressing environmental challenges. Arif Amiri, CEO of DIFC Authority, emphasised the forum's role in advancing climate action through collaborative efforts and innovative financial solutions. The initiative aligns with DIFC's broader commitment to sustainable economic growth and its leadership in the Dubai Sustainable Finance Working Group, established in 2019. ADVERTISEMENT The forum will explore eight core pillars, including sustainable banking and finance, renewable energy, sustainable infrastructure, and green technology. It aims to channel investment flows between the global north and south, supporting the UAE's Year of Sustainability and its objectives for COP28.
Business Recorder
6 days ago
- Business
- Business Recorder
Dubai Future District Fund supported 190 startups in 2024
The Dubai Future District Fund (DFDF) reported over $1.65 billion in capital commitments and support for more than 190 portfolio companies in 2024. The support came in the form of both direct investments and 12 'Fund of Funds' initiatives, which DFDF in a statement on Tuesday said aligns with the Dubai Economic Agenda (D33). The figures were released during the Fund's Annual General Meeting. DFDF, whose founding shareholders are Dubai International Financial Centre and Dubai Future Foundation and whose fund size is AED 1 billion, said its efforts reinforced its role in advancing technology, talent, and venture capital in the region. Dubai Chamber of Digital Economy backs 127 startups in Q1 Khalfan Belhoul, DFDF Board of Directors Chairman and CEO of the Dubai Future Foundation, said: 'These achievements underscore the central role that the Dubai Future District Fund plays in driving the growth of Dubai's digital economy – one that thrives on innovation and leverages the latest future technologies across key sectors.' Meanwhile Arif Amiri, DFDF Board Member and Chief Executive Officer of DIFC Authority said, that 'as the Fund continues to position Dubai as a global pioneer for innovation, we are more committed than ever to cultivating collaboration with partners globally who are also committed to driving future economic growth.' Pakistan's tech startups shine at Dubai's GISEC In 2024, DFDF 'went beyond its core investment activities' to showcase how venture capital can serve as a conduit for public-private collaboration and scalable innovation, it said. DFDF invest in funds in early to growth stages, across key sectors in technology that align with Dubai's Economic Agenda D33, including PropTech, HealthTech, LogisticsTech, DeepTech, Circular Economy and Web3. According to its website, it aims to do this 'by boosting venture capital availability through our Fund of Fund investments into local, regional, and international funds, as well as co-investing in their portfolio of startups.' The website explains that DFDF's fund structure is evergreen, which means 'we are not beholden to the 10-year lifespan of a typical VC fund, which allows us to focus on investing into opportunities with various return horizons and take a longer-term view on returns.'
Hi Dubai
03-06-2025
- Business
- Hi Dubai
Dubai Future District Fund Reports $1.65 Billion in Capital Commitments and Backs 190 Startups in 2024
The Dubai Future District Fund (DFDF) marked a year of strong strategic growth in 2024, securing over US$1.65 billion in capital commitments and supporting more than 190 portfolio companies through direct investments and Fund of Funds initiatives. The update was revealed during DFDF's Annual General Meeting, where the Board of Directors detailed the Fund's progress in advancing its mandate. Anchored by the Dubai International Financial Centre (DIFC) and the Dubai Future Foundation (DFF), the Fund plays a key role in aligning with the Dubai Economic Agenda (D33) by fueling innovation and strengthening the venture capital ecosystem. Chairman of the DFDF Board and CEO of DFF, Khalfan Belhoul, said the Fund's achievements underline its role in shaping Dubai's digital economy and investing in future technologies across key sectors. Arif Amiri, DFDF Board Member and CEO of DIFC Authority, emphasized the importance of global collaboration in positioning Dubai as a hub for innovation. In addition to financial backing, DFDF spotlighted its value creation efforts in 2024 through strategic case studies, developed in partnership with institutions across various sectors. These efforts highlight the Fund's role as a bridge between public and private sectors, encouraging scalable innovation. Looking ahead, and in line with the UAE's declaration of 2025 as the Year of the Community, DFDF is set to deepen its focus on fostering inclusive innovation networks. The Fund reaffirmed its commitment to building stronger connections between startups, investors, regulators, and global markets. The Fund's continued momentum reinforces Dubai's growing reputation as a global destination for tech talent and venture investment. News Source: Emirates News Agency
Al Etihad
03-06-2025
- Business
- Al Etihad
Dubai Future District Fund drives $1.65bln in capital commitments, powers over 190 startups
3 June 2025 14:33 DUBAI (WAM) The Dubai Future District Fund (DFDF), which is anchored by Dubai International Financial Centre (DIFC) and the Dubai Future Foundation (DFF), reported a year of strategic growth in 2024, including over $1.65 billion in capital commitments and support for more than 190 portfolio figures were released during the Fund's Annual General Meeting, where the Board of Directors reported progress across its investment mandate. The Fund supported over 190 portfolio companies through both direct investments and 12 Fund of Funds initiatives, which aligns with the Dubai Economic Agenda (D33).The Fund said these efforts reinforced its role in advancing technology, talent, and venture capital in the Board of Directors Chairman and CEO of the Dubai Future Foundation, Khalfan Belhoul, said, 'These achievements underscore the central role that the Dubai Future District Fund plays in driving the growth of Dubai's digital economy – one that thrives on innovation and leverages the latest future technologies across key sectors.'DFDF Board Member and Chief Executive Officer of DIFC Authority, Arif Amiri, said, 'Innovation thrives not in isolation, but within inclusive, connected communities.''As the Fund continues to position Dubai as a global pioneer for innovation, we are more committed than ever to cultivating collaboration with partners globally who are also committed to driving future economic growth.'In 2024, DFDF went beyond its core investment activities to showcase how venture capital can serve as a conduit for public-private collaboration and scalable Fund published value creation case studies in partnership with key institutions across sectors – spotlighting its growing role as a strategic enabler. With the UAE's announcement of 2025 as the Year of the Community, DFDF outlined a renewed commitment to building stronger bridges across the innovation landscape – between founders and funders, startups and regulators, and the region and global markets.
Mid East Info
20-05-2025
- Business
- Mid East Info
DIFC and IPEM join forces to advance the global private markets ecosystem in Dubai - Middle East Business News and Information
Dubai, UAE;May 2025: Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region, continues to solidify its role as a global hub for long-term capital deployment by signing an agreement at the Dubai FinTech Summit with the International Private Equity Market (IPEM), the premier relationship broker for private equity. IPEM events are the definitive meeting place for decision-makers, innovators, and investors shaping the future of private markets. Dubai will complement the current bi-annual IPEM gatherings held in France. IPEM Future will strive to create an immersive experience that allows attendees to gain insights, develop relationships, and engage with the wider private equity community. The IPEM partnership reinforces DIFC's position as a world-class ecosystem and platform for private equity markets. Ranked number one in the region in the latest edition of the Global Financial Centre Index (GFCI) rankings, Dubai is categorised by the GFCI as only one of eight cities in the world to be a global leader with 'broad and deep' capabilities across all parts of the finance industry, alongside cities including London, New York and Paris. Arif Amiri, Chief Executive Officer, DIFC Authority, commented: 'The current global economic environment has amplified investor appetite for private capital, often viewed as resilient, long-term, and less susceptible to short-term market risks. The partnership with IPEM spotlights Dubai and DIFC as a global destination for long-term capital deployment and aligns with our vision to drive the future of finance and position Dubai among the world's leading global financial centres in the world.' Antoine Colson, CEO, IPEM, said: 'Dubai is a global hub for creative and transformative capital — a natural home for 'IPEM Future'. This new event brings together the boldest LPs and GPs backing breakthroughs in AI, climate tech, longevity, space, and more. It is where private capital does not just perform – it transforms.' Ahead of its Dubai event in December, IPEM brought representatives from the global private capital industry to Dubai FinTech Summit for an introductory visit and participation in an especially curated event. Investors and companies that support the private markets ecosystem discussed using private markets to create long-term value; the role of innovation and technology; the changing investor landscape; and the growing importance of the Middle East. About IPEM – International Private Equity Market: IPEM serves to connect global private capital industry leaders, investors, advisors, and service providers. Our international events are held annually in Paris – IPEM Global, the premier summit for global private capital leaders with 6,000+ participants from around the world; in Cannes – IPEM Wealth, focused on the wealth revolution and welcoming nearly 4,000 participants; and, starting in 2025, in Dubai with the launch of IPEM Future — exclusive access to UAE investment leaders shaping tomorrow's capital landscape. Additionally, IPEM hosts regional events in partnership with local stakeholders in Chicago, Abu Dhabi, and China, while actively exploring opportunities in Latin America, Japan, and more — a reflection of the industry's exciting global expansion and democratization. About Dubai International Financial Centre: Dubai International Financial Centre (DIFC) is one of the world's most advanced financial centres, and the leading financial hub for the Middle East, Africa, and South Asia (MEASA), which comprises 77 countries with an approximate population of 3.7bn and an estimated GDP of USD 10.5trn. With a 20-year track record of facilitating trade and investment flows across the MEASA region, the Centre connects these fast-growing markets with the economies of Asia, Europe, and the Americas through Dubai. DIFC is home to an internationally recognised, independent regulator and a proven judicial system with an English common law framework, as well as the region's largest financial ecosystem of 46,000 professionals working across over 6,900 active registered companies – making up the largest and most diverse pool of industry talent in the region. The Centre's vision is to drive the future of finance through cutting-edge technology, innovation, and partnerships. Today, it is the global future of finance and innovation hub offering one of the region's most comprehensive AI, FinTech and venture capital environments, including cost-effective licensing solutions, fit-for-purpose regulation, innovative accelerator programmes, and funding for growth-stage start-ups. Comprising a variety of world-renowned retail and dining venues, a dynamic art and culture scene, residential apartments, hotels, and public spaces, DIFC continues to be one of Dubai's most sought-after business and lifestyle destinations.
