The number of people working in Dubai’s financial free zone rose 9 per cent to more than 21,600 last year. Sarah Dea / The National
The number of people working in Dubai’s financial free zone rose 9 per cent to more than 21,600 last year. Sarah Dea / The National
The number of people working in Dubai’s financial free zone rose 9 per cent to more than 21,600 last year. Sarah Dea / The National
The number of people working in Dubai’s financial free zone rose 9 per cent to more than 21,600 last year. Sarah Dea / The National

Business

DIFC-registered entities up 13 per cent

Occupancy at the business park was 98 per cent in 2016 which has encouraged its owner to add more commercial space including the Gate Avenue and The Exchange.

The National staff

April 30, 2017

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The number of people working in Dubai’s financial free zone rose 9 per cent to more than 21,600 last year.

The number of entities registered at the Dubai International Financial Centre (DIFC) also rose by about 13 per cent to 1,648, DIFC Investments said in a statement.

Occupancy at the business park was 98 per cent in 2016, which has encouraged its owner to add more commercial space including the Gate Avenue and The Exchange.

“Continuous investments such as this will reinforce our strong position in the region and support Dubai’s vision of being a leading global financial centre,” said Essa Kazim, the chairman of DIFC Investments.

Gross operational profit, which is derived mainly from rental income, increased 4 per cent to US$ 149 million in 2016.

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