Ad

DIFC Partners With PFG To Accelerate Growth Of High-Potential Tech Companies In The GCC

DIFC Partners With PFG To Accelerate Growth Of High-Potential Tech Companies In The GCC
Ad

Dubai International Financial Centre (DIFC) has announced a strategic partnership with Partners for Growth (PFG) to boost the growth of high-potential technology companies across Dubai and the GCC.

The collaboration aims to expand access to structured growth debt for innovation-driven businesses, supporting sectors such as FinTech, HealthTech, InsurTech, PropTech, SME Digital Finance, and SpaceTech.

The partnership aligns with DIFC’s Strategy 2030 and the Dubai Economic Agenda D33, both designed to position Dubai as a global hub for innovation and entrepreneurship. PFG, a global specialty credit manager with over USD 2.1 billion deployed across 250 companies worldwide, brings over two decades of experience in providing flexible, founder-aligned capital.

His Excellency Arif Amiri, CEO of DIFC Authority, said the partnership underlines DIFC’s mandate to build the world’s most advanced financial centre and empower next-generation businesses. He noted that growth debt plays a crucial role in helping high-potential companies scale across the region and beyond.

Andrew Kahn, CEO and Co-Founder of PFG, described the partnership as a milestone that reinforces the company’s commitment to supporting ambitious founders in the GCC. He highlighted that Dubai provides a strong platform for companies aiming to scale globally.

Under the agreement, PFG will lead origination, underwriting, and portfolio management, ensuring efficient deployment of capital. Armineh Baghoomian, Managing Director and Head of EMEA at PFG, said DIFC’s support is a strong vote of confidence in growth debt’s expanding role in the regional innovation economy.

News Source: Dubai Media Office

Ad
Ad
Shahba Mayyeri

Written by Shahba Mayyeri

Shahba is a Content Creator at HiDubai with 3 years of experience in crafting compelling stories and articles. She holds a Master’s degree in Media and Communications from MAHE Dubai.
Ad
Dark Light