The Casablanca Finance City (CFC) and Istanbul Financial Center (IFC) have agreed to strengthen financial connectivity, promote regional trade, and enhance economic engagement across regional and international markets.
The agreement was inked Tuesday by Said Ibrahimi, CEO of Casablanca Finance City Authority and Ahmet İhsan Erdem, CEO of IFC. The two financial hubs pledge to strengthen cooperation ties in digital finance, investor engagement, knowledge sharing, international financial center management, sustainable capital flows and financial innovation.
Casablanca Finance City and the Istanbul Financial Center each plays an important role in connecting their regions to international markets. CFC is the leading financial center in Africa, serving as a strategic hub that connects businesses and investors between Europe, the Middle East, and the African continent.
CFC provides a dynamic and streamlined environment for international corporations, financial institutions, and professional services firms. The Casablanca financial hub ranked fourth in the Middle East and Africa region on the 2026 Global Financial Centers Index, while IFC ranks 101st globally, seen as an emerging alternative hub within the broader Eastern Europe & Central Asia context.
The Istanbul Financial Center is competing with Dubai and Casablanca financial centers. In 2023, IFC inaugurated its massive, 1.3 million-square-meter financial district hosting 21 modern Office Towers.
