Dubai International Financial Centre, the emirate’s tax-free financial hub, saw leased office space rise by 19 percent in 2010, but sees tough years ahead, a senior executive said Sunday.
The number of firms licensed to operate in the business park reached 792 in the same period, a rise on 6.3 percent on the first half, and 14.2 percent on 2009.
More than half of new firms were from North America and Europe, DIFC said. Around 45 percent were from the Middle East and wider Asia region.
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