DIFC reviews strategy and costs

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The Dubai International Financial Centre (DIFC) is conducting a wide-ranging review of strategies and costs in a bid to help it emerge from the global downturn, the centre’s chief executive said today.

Abdulla al Awar said the review, expected to be completed within months, would help chart a new direction for the centre.

“We are taking it a step at a time and now we are trying to develop high-level goals,” Mr al Awar said. “That will cascade down.”