Dubai is No. 1 for FinTech professionals in GFCI 40

Category: Fintech

By Irfan

Published: 2026-09-21T09:15:00.000Z

GFCI 40 ranked Dubai first among FinTech industry professionals and ninth overall. The emirate is still the only MEASA centre in the global top 10. A separate FinTech offering table in the same report placed Dubai 11th.

FinTech is the slice of the Global Financial Centres Index that Dubai wants you to remember from GFCI 40. Z/Yen and the China Development Institute published the 40th edition on 16 September 2026, covering 117 centres from 39,531 professional assessments and more than 140 instrumental factors. Among respondents who work in FinTech, Dubai ranked first in the world, ahead of New York, Singapore, London and Hong Kong. That is a survey of people in the trade. It is not the same table as the wider FinTech offering index in the same report, where Hong Kong stayed first and Dubai sat 11th, down two places, with a rating of 721. Hold both numbers. The industry sub-index is the headline DIFC is entitled to run. The dedicated FinTech table is the one that still has Chinese and American centres stacked above Dubai on a broader offering score. Overall, Dubai is ninth among financial centres, rating 750, two places lower than GFCI 39. It remains the only Middle East, Africa and South Asia name in the global top 10. Abu Dhabi jumped eight places to 13th. Riyadh climbed the FinTech table to 27th. The rest of Dubai’s GFCI 40 card is strong and specific. Second globally for professional services, behind Singapore. Sixth for reputation. First for future potential for the fourth consecutive report. In other sector cuts it placed fifth for government and regulation, and further back in trading, investment management, insurance and finance. Essa Kazim, governor of DIFC, tied the result to the Dubai Economic Agenda D33 and to pulling in institutions, talent and innovation. Arif Amiri, chief executive of DIFC Authority, pointed at the centre’s scale across banking, capital markets, wealth, insurance and FinTech. Coverage around the release put thousands of active DIFC firms and more than a thousand regulated entities on the campus. Those operating stats are DIFC’s, not Z/Yen’s ranking engine. The punch is perception meeting a free-zone machine. A first-place FinTech vote from practitioners says the emirate now feels like the place you open a payments, crypto or lending shop if you want English common-law plumbing and a short flight to Riyadh and Mumbai. Ninth overall, and 11th on the composite FinTech index, says London, New York and the Chinese cluster still win on depth. Rankings move every six months. A two-place slip in the main table while winning a specialist ballot is exactly the kind of mixed scorecard cities over-simplify. The MENA angle is the gap inside the region, not another “hub” slogan. Dubai is alone in the overall top 10. Abu Dhabi is now close enough on the main list to make the UAE a two-centre story. Riyadh’s 17-place FinTech-table jump is the Kingdom arriving as a volume market for payments and SME credit, not as DIFC’s twin. ADGM and DIFC will keep splitting licences. The index does not decide which free zone a founder should pick. It tells you where survey respondents already think the FinTech conversation sits. Caveats belong in the same piece as the D33 quotes. GFCI is a reputation-plus-data composite, not a count of unicorns or of dirhams lent. Sub-indices built only from FinTech workers can reward visibility. Future-potential is a beauty contest about the next two or three years. None of this measures how hard it is to hire a senior compliance officer, or how many of those 1,000-plus regulated firms are booking real regional revenue rather than a brass plate. If the next GFCI keeps Dubai first among FinTech professionals and lifts the composite FinTech rank back toward the top five, the story hardens. If the main table keeps drifting while the press release stays on the specialist win, this was a good week for messaging. The index will be back in March.