Home / Business and Economy / GIFT City Surges: $70B Inflow, Global Rank Climbs
GIFT City Surges: $70B Inflow, Global Rank Climbs
2 Mar
Summary
- GIFT City expanded from 3 to 35 business segments since 2020.
- The city attracted over USD70 billion in investments.
- Its global financial hub ranking improved significantly from 92 to 43.
In a significant development, GIFT City has evolved dramatically since 2020, expanding its operations from three initial business segments to 35. This rapid growth has attracted substantial foreign investment, totaling over USD70 billion. These funds include USD56 billion in external commercial borrowings and significant investments in Alternative Investment Funds.
The city is actively developing new business opportunities, with notable progress in areas like reinsurance licenses and aircraft leasing. This dynamic expansion has also been reflected in its international standing. GIFT City's ranking among global financial hubs has seen a substantial leap, moving from 92nd in 2021 to 43rd by 2025.
