The Dubai International Financial Centre said TMF Group has received Dubai Financial Services Authority approval to operate in the Centre as a Fund Administrator and as a Corporate Service Provider. The authorization allows the firm to support clients incorporating and operating in DIFC and to provide fund administration services to local and international asset managers based there. The move expands TMF Group’s presence in the Middle East. DIFC linked the development to sustained growth in its funds ecosystem, driven by demand from global and regional asset managers seeking access to opportunities across the Middle East, Africa and South Asia.