DUBAI, UAE, Feb. 5, 2026 /PRNewswire/ -- Dubai International Financial Centre (DIFC) announced landmark annual results that underscore Dubai's prominence as the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region.
DIFC's 28 per cent organic year-on-year growth to 8,844 active registered companies demonstrates global industry confidence in Dubai as the region's leading destination for finance, business and innovation. Active company registrations surged by 2,525, an increase of 39 per cent from the prior year, while recording 50,200 financial services related professionals. Combined 2025 revenues rose by 20 per cent to USD 581mn, rising from USD 484mn in 2024. Net profits increased by 28 per cent to USD 402mn from USD 315mn in 2024.
DIFC is home to the region's largest regulated financial services system which comprises 1,052 firms, including banks, capital market institutions, insurance and reinsurance companies, brokerage firms, wealth and asset management entities. Growing at an incomparable pace, DIFC houses over 500 wealth and asset management companies.
During 2025, new financial services arrivals include Allianz Trade, Cambridge Associates, CapitaLand, China International Capital Corporation, CRDB Bank, dLocal, Howden Reinsurance, ICICI Asset Management, Manulife, National Bank of Kuwait, North Rock Capital, PIMCO, RV Capital, Silver Point Capital, Squarepoint Capital, Starwood Capital, Tourmaline, Turkiye Vakiflar Bankasi, TransAmerica Life Bermuda, Warburg Pincus and many others.
HE Essa Kazim, Governor of DIFC, commented: "DIFC's progressive legal and regulatory framework form decisive pillars that support the phenomenal growth achieved by the Centre in 2025. Such incremental growth contributes significantly to Dubai's economy and enhances the Emirate's stature as a leading global financial centre, in line with national objectives and the strategic ambitions of the Dubai Economic Agenda (D33)."
As the region's largest innovation-focused community, DIFC reached 1,677 AI and FinTech organisations in 2025. Enabled by DIFC's Innovation Hub and Dubai AI Campus platform, start-ups have collectively raised in excess of USD 4.5bn regionally.
The Centre is now home to 1,289 family-related entities. DIFC based families have established 1,115 foundations.
Accelerating Dubai's position as a top four global financial centre, the recently announced Zabeel District expansion adds 17.7mn sq. ft. of office, residential, hospitality, retail, cultural and education space. The development will also continue to enhance DIFC's reputation for art, culture, dining, retail and wellness.
Video: DIFC 2025 Annual Review
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
DIFC's landmark 2025 results solidify Dubai's position as a leading global destination for finance and business
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GARLAND, Texas, Feb. 5, 2026 /PRNewswire/ -- Massimo Group (NASDAQ: MAMO), a manufacturer and distributor of powersports vehicles and advanced electric mobility solutions, today announced its participation in the 2026 Golf Course Superintendents Association of America Conference and Trade Show, taking place in Orlando, Florida from February 2 - 5, 2026. The event marks another strategic step in the Company's ongoing push to expand fleet sales, strengthen its dealer network, and introduce its premium MVR HVAC Pro Series to institutional and commercial customers.
At GCSAA, Massimo will showcase its second-generation MVR HVAC Pro Series, including both the Golf Version, designed for golf course operations and hospitality environments, and the Cargo Max Version, a utility-focused platform built for fleet, maintenance and commercial applications. Both models feature factory-integrated heating and air conditioning within a fully enclosed cab, addressing growing demand for year-round, all-weather electric vehicles in professional settings.
The GCSAA Conference follows three successful industry events already attended by Massimo in 2026 — AIM Expo in California, the PGA Show in Orlando, and the Mid-States Rendezvous — where the Company generated significant commercial interest across its premium HVAC product lineup. Collectively, these events have resulted in more than 100 dealer leads to date, reinforcing expanding demand for Massimo's differentiated product offerings.
In parallel, the Company reported that January 2026 dealer-channel sales increased more than 150% year-over-year, a strong early-year indicator of accelerating dealer engagement and end-market demand.
Beyond domestic growth, Massimo has also received initial inquiries regarding exclusive distribution rights within the European Union for its MVR HVAC Pro Series. While discussions remain preliminary, the level of international interest underscores the broader global appeal of Massimo's premium HVAC-equipped electric vehicle platforms as the Company continues to build out its dealer and distribution infrastructure.
"Each industry event we attend further validates our strategy of targeting fleet buyers and professional users with premium, climate-controlled electric vehicles," said David Shan, CEO of Massimo Group. "The growing dealer interest, strong early-year sales momentum, and emerging international inquiries reinforce our confidence in the long-term growth potential of our HVAC Pro Series as we move into 2026 and beyond."
Massimo's continued focus on expanding dealer relationships, penetrating fleet markets, and introducing higher-margin premium products positions the Company to capitalize on increasing demand for reliable, all-weather electric mobility solutions across golf, commercial and utility sectors.
About Massimo Group
Massimo Group (NASDAQ: MAMO) is a U.S.-based manufacturer and distributor of powersports vehicles, utility terrain vehicles (UTVs), electric mobility solutions, and related accessories, serving customers through a nationwide dealer network.
Forward-Looking Statements
This press release contains certain forward-looking statements within the meaning of the federal securities laws with respect to Massimo Group. All statements other than statements of historical facts contained in this press release, including statements regarding Massimo Group's future results of operations and financial position, Massimo Group's business strategy, prospective costs, timing and likelihood of success, plans and objectives of management for future operations, future results of current and anticipated operations of Massimo Group are forward-looking statements. These include, among others, plans to accelerate dealer, fleet, and international expansion; expected demand and margins for the MVR HVAC Pro Series; preliminary EU exclusive distribution discussions; and references to long‑term growth and January 2026 dealer‑channel momentum. In some cases, forward-looking statements can be identified because they contain words such as "anticipate," "believe," "estimate," "expect," "intend," "may," "predict," "project," "target," "potential," "seek," "will," "would," "could," "should," "continue," "contemplate," "plan," and other words and terms of similar meaning. These forward-looking statements are subject to a number of risks, uncertainties and assumptions, including, but not limited to, risks relating to Massimo Group which may be affected by, among other things, competition, the ability of the combined company to grow and manage growth economically and hire and retain key employees; costs; changes in applicable laws or regulations; the possibility that Massimo Group may be adversely affected by other economic, business, and/or competitive factors; and other risks and uncertainties, including those listed under "Risk Factors" in our Annual Report on Form 10-K and other filings with the Securities and Exchange Commission. Moreover, Massimo Group operates in very competitive and rapidly changing environments. Because forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified and some of which are beyond Massimo Group's control, you should not rely on these forward-looking statements as predictions of future events. Forward-looking statements speak only as of the date they are made. No assurance can be given regarding the forward-looking statements, and actual results may differ materially from those as indicated. Massimo Group undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
Company Contact
Quenton Petersen
Vice President
Massimo Group
Email: ir@massimomotor.com
GARLAND, Texas, Feb. 5, 2026 /PRNewswire/ -- Massimo Group (NASDAQ: MAMO), a manufacturer and distributor of powersports vehicles and advanced electric mobility solutions, today announced its participation in the 2026 Golf Course Superintendents Association of America Conference and Trade Show, taking place in Orlando, Florida from February 2 - 5, 2026. The event marks another strategic step in the Company's ongoing push to expand fleet sales, strengthen its dealer network, and introduce its premium MVR HVAC Pro Series to institutional and commercial customers.
At GCSAA, Massimo will showcase its second-generation MVR HVAC Pro Series, including both the Golf Version, designed for golf course operations and hospitality environments, and the Cargo Max Version, a utility-focused platform built for fleet, maintenance and commercial applications. Both models feature factory-integrated heating and air conditioning within a fully enclosed cab, addressing growing demand for year-round, all-weather electric vehicles in professional settings.
The GCSAA Conference follows three successful industry events already attended by Massimo in 2026 — AIM Expo in California, the PGA Show in Orlando, and the Mid-States Rendezvous — where the Company generated significant commercial interest across its premium HVAC product lineup. Collectively, these events have resulted in more than 100 dealer leads to date, reinforcing expanding demand for Massimo's differentiated product offerings.
In parallel, the Company reported that January 2026 dealer-channel sales increased more than 150% year-over-year, a strong early-year indicator of accelerating dealer engagement and end-market demand.
Beyond domestic growth, Massimo has also received initial inquiries regarding exclusive distribution rights within the European Union for its MVR HVAC Pro Series. While discussions remain preliminary, the level of international interest underscores the broader global appeal of Massimo's premium HVAC-equipped electric vehicle platforms as the Company continues to build out its dealer and distribution infrastructure.
"Each industry event we attend further validates our strategy of targeting fleet buyers and professional users with premium, climate-controlled electric vehicles," said David Shan, CEO of Massimo Group. "The growing dealer interest, strong early-year sales momentum, and emerging international inquiries reinforce our confidence in the long-term growth potential of our HVAC Pro Series as we move into 2026 and beyond."
Massimo's continued focus on expanding dealer relationships, penetrating fleet markets, and introducing higher-margin premium products positions the Company to capitalize on increasing demand for reliable, all-weather electric mobility solutions across golf, commercial and utility sectors.
About Massimo Group
Massimo Group (NASDAQ: MAMO) is a U.S.-based manufacturer and distributor of powersports vehicles, utility terrain vehicles (UTVs), electric mobility solutions, and related accessories, serving customers through a nationwide dealer network.
Forward-Looking Statements
This press release contains certain forward-looking statements within the meaning of the federal securities laws with respect to Massimo Group. All statements other than statements of historical facts contained in this press release, including statements regarding Massimo Group's future results of operations and financial position, Massimo Group's business strategy, prospective costs, timing and likelihood of success, plans and objectives of management for future operations, future results of current and anticipated operations of Massimo Group are forward-looking statements. These include, among others, plans to accelerate dealer, fleet, and international expansion; expected demand and margins for the MVR HVAC Pro Series; preliminary EU exclusive distribution discussions; and references to long‑term growth and January 2026 dealer‑channel momentum. In some cases, forward-looking statements can be identified because they contain words such as "anticipate," "believe," "estimate," "expect," "intend," "may," "predict," "project," "target," "potential," "seek," "will," "would," "could," "should," "continue," "contemplate," "plan," and other words and terms of similar meaning. These forward-looking statements are subject to a number of risks, uncertainties and assumptions, including, but not limited to, risks relating to Massimo Group which may be affected by, among other things, competition, the ability of the combined company to grow and manage growth economically and hire and retain key employees; costs; changes in applicable laws or regulations; the possibility that Massimo Group may be adversely affected by other economic, business, and/or competitive factors; and other risks and uncertainties, including those listed under "Risk Factors" in our Annual Report on Form 10-K and other filings with the Securities and Exchange Commission. Moreover, Massimo Group operates in very competitive and rapidly changing environments. Because forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified and some of which are beyond Massimo Group's control, you should not rely on these forward-looking statements as predictions of future events. Forward-looking statements speak only as of the date they are made. No assurance can be given regarding the forward-looking statements, and actual results may differ materially from those as indicated. Massimo Group undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
Company Contact
Quenton Petersen
Vice President
Massimo Group
Email: ir@massimomotor.com
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Massimo Group Showcases MVR HVAC Pro Series at the GCSAA Conference, Accelerating Dealer, Fleet and International Expansion
