DIFC to become world’s first AI Native financial centre

File picture [for illustration]

The Dubai International Financial Centre (DIFC) has announced plans to become the world’s first AI-native financial centre.

The move will see artificial intelligence embedded across every layer of the district — from legal and regulatory systems to business operations, talent development and even its physical infrastructure.

While many financial hubs are testing AI, DIFC says it is taking a different approach by placing the technology at the core of how the centre operates, rather than using it in limited pilot projects.

The foundation for this shift was laid in 2023, with the launch of a five-year AI strategy, alongside new data governance policies and regulations that formally incorporate AI into its legal framework.

Officials say the initiative could generate $3.5 billion (AED 12.9 billion) in economic benefits and create around 25,000 jobs, positioning DIFC as a global benchmark for AI in finance.

The centre also plans to provide firms with access to advanced AI tools, while exporting governance models and trained talent to emerging markets.

Looking ahead, DIFC aims to develop a fully integrated AI ecosystem — including robotics, autonomous mobility and digital infrastructure — effectively creating a smart, AI-powered city within a city by 2030.

"As artificial intelligence reshapes the international financial landscape, this initiative reinforces Dubai’s role in setting new standards for innovation, trust and competitiveness," said Essa Kazim, Governor of DIFC.

Arif Amiri, CEO of DIFC Authority, added that the initiative will set new standards for responsible innovation, while delivering tangible economic impact.

The announcement also supports Dubai’s wider economic agenda and its push to lead in advanced technologies.

DIFC’s commitment to advancing the city’s position as a global AI hub is highlighted through the Dubai AI Festival, which will convene more than 20,000 participants from over 100 countries.

The festival will be held at Dubai World Trade Centre (DWTC) from October on 26-27, with registrations now open.

 

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