INSUBCONTINENT EXCLUSIVE:
Dubai is defying the global real estate slump by constructing three new office towers in the Dubai International Financial Centre
(DIFC).Dubbed DIFC Square, the project will span one million square feet (about 93,000 square meters), allocating 60% for office space.It
also includes 17,200 square feet (about 1,600 square meters) for retail and dining
Set to complete in early 2026, the project is budgeted at $270 million.Due to its tax-free status and strategic location, Dubai attracts
like London and New York.To draw more expatriates, the UAE has eased business and visa regulations
Expansion Defies Global Slump
(Photo Internet reproduction)In the DIFC, the presence of asset management and insurance companies, along with hedge funds, has grown.The
area now hosts over 5,500 entities, marking a 34% increase in 2023
continue to lure international businesses, driving economic growth and affirming its role as a major financial center.While other cities
as a leading economic powerhouse.
