Casablanca secures position as top financial hub in MENA region
Casablanca continues to solidify its standing as one of the leading financial capitals in the Middle East and North Africa region, maintaining its third-place ranking among regional financial centers for 2024, according to the Global Financial Centres Index (GFCI) report.
On the international stage, Morocco's economic capital has held steady at 57th position worldwide, reflecting the city's ongoing economic momentum and growing ability to attract major financial and commercial investments while strengthening its presence on the global finance and business map.
In contrast, Algeria remains notably absent from this global ranking, highlighting the persistent lack of competitiveness of its financial centers and their invisibility on the international financial scene according to the measured indicators.
Dubai leads the regional rankings, securing 16th place globally, followed by Abu Dhabi at 35th position, confirming the continued dominance of Gulf capitals in the region's top spots.
The Global Financial Centres Index serves as an international benchmark for evaluating the competitiveness of financial centers worldwide. It is based on a set of economic and financial criteria, measuring the performance evolution of these centers and their capacity to attract financial sector players and international investments.
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