The Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa, and South Asia (MEASA), has launched DIFC Living and Innovation Two, which will include more than 170 residential units.
More than 600 growth-stage tech firms, including established innovation companies, digital labs, venture capital firms, and educational institutions, are currently housed in the financial hub. The original expansion of the Innovation Hub, from 80,000 square feet to 315,000 square feet, was announced in May 2021 by Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance of the UAE, and President of DIFC.