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DIFC sees surge in establishment of single family offices

News Team, 02/05/2024

Dubai International Financial Centre (DIFC) has seen a surge in interest for family wealth management with an 81 percent increase in single family offices, followed by a 12 percent increase in holding companies, year-on-year in 2023.

The DIFC now has more than 440 registered foundations and over 600 active entities affiliated with family businesses and individuals and a workforce of over 41,500 and more than 5,500 active registered companies.

It has also published its new guide - P...


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