Companies trading in the Dubai International Financial Centre added more than 1,000 staff last year partly because of transfers from neighboring alternative locations like Bahrain which were hit by the Arab Spring protests.
The DIFC has a working population of 11,000 down from 14,000 three years ago before the global financial crisis. Around three-quarters of the office space owned by third parties in the zone is currently vacant when one million square feet recently completed in the Index Tower, Park Towers and Emirates Financial Towers is added to the year-end total.
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