DIFC records over 16% employment growth in 2012

Dubai International Financial Centre (DIFC), the financial and business hub connecting the Middle East, Africa and South Asia’s markets with the developed markets of Europe, Asia and the Americas, provides the market with an update on its solid performance during 2012.

Highlights:

? The number of active registered companies operating within DIFC rose during the year to reach 912 companies at the end of December 2012, a 7% year-on-year increase.

? Notable growth in active regulated and non-regulated companies registered with DIFC, standing at 345 and 450 respectively at the end of 2012.

? Greater diversification of retail portfolio within DIFC, with 22 new outlets offering a range of services registered within the last year, taking the total to 117.

? Dubai ranked as the top financial centre in the Middle East, Africa and South Asia region, and is placed among the top five global players, alongside Singapore, Hong Kong, London and Shanghai, where international firms want to open their offices.

? Combined workforce of DIFC-registered companies currently over 14,000, a 16% growth rate in comparison to the previous year.

via DIFC records over 16% employment growth in 2012 | DIFC | AMEinfo.com.

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