DIFC 2.0: Tripling in Size and Driving the Future of Finance

[@TheTraffic247]

This is a fantastic step towards making Dubai truly a financial hub like london, Singapore, nyc etc. But, to attract talented and ambitious folks for the long haul the Dubai gov needs to create incentives to settle in Dubai for western educated financial experts. I've noticed in my travels that most asian and middle eastern markets financial sectors cannot compete with places like NYC, London etc, because accommodating western talented individuals is still in its infancy in Dubai. Folks with little experience to seasoned western educated talent cannot move without the right compensation and living rights. Western cities will always be more attractive to finance sector employees because they need to feel they are safe and secure in the job plus have residency in the country, so if they lose a job and need to find another one, they don't need to worry about immigration issues. It is imperative for Dubai gov, to incorporate 10 year renewable visas for western educated MBAs, and other financial talent to grow their financial sector rapidly. If someone knows they can live in the country without worries of deportation they naturally tend to focus on their productivity, improving industry knowledge and work hard at a job or start their own business. This is how American economy has thrived for so long. Remove the legislative barriers so ppl can grow the economy.

[@TheTraffic247]

@Ahmed Al Seiare lol don't they have an annual food festival already?

[@TheTraffic247]

@Ahmed Al Seiare umm ok I'm not sure why all your responses come with a rofl emoji. You might wanna curb that enthusiasm. Also, building a space for something and making it flourish and mature as a hub for something aren't exactly the same things. No city achieves everything in one night, same goes for Dubai. It'll take time for it to mature and come into its own. So far, it's doing a good job of it.

[@lareveuse77]

Sooo exciting! I live across the road and they have already started. Early days but so looking forward to seeing the end result. Do we have an estimate on when this all will be done? How many years roughly. So happy to be living in a city with so much and constant innovation!

[@gerardalfil]

Fantastic prospects for Dubai.

[@DIFCOfficial]

Indeed! :)

[@Aiexxbc]

@@DIFCOfficial Being a resident of this futuristic financial zone in Dubai is truly incredible! I'm absolutely thrilled and can't wait for these ambitious plans to become a reality. Dubai continues to amaze with its vision and innovation. Exciting times lie ahead!

[@HEHEHEHAHAH-z4h]

What happened to this?.. I thought the expansion might get completed by now, but it hasn't even started any construction yet..

[@sandorkun777]

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