Monday 7 February 2011

Space the final frontier for DIFC - The National

More than 100 companies set up in the Dubai International Financial Centre (DIFC) last year - but filling a glut of new office space will be a crucial challenge for the centre.

A total of 113 companies registered in the financial free zone last year, attracted by a reduction in rents and changes in regulations among other things, an operational review released yesterday shows.

The amount of commercial space leased in the centre, meanwhile, grew by 19 per cent. There were 792 companies actively registered with the DIFC at the end of the year.

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