Dubai International Finance Centre to begin functioning at 100% capacity

All the entities in the region’s largest finance center are now fully operational

By Rahul Vaimal, Associate Editor
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The Dubai International Finance Centre, DIFC, can now reopen to operate all its entities at 100% capacity. The financial center was closed due to the spread of the pandemic and the consequent lockdown.

Arif Amiri, the CEO of Dubai International Financial Centre Authority, said  “precautionary and social distancing measures will remain in place in line with the latest guidance from Dubai authorities to counter the coronavirus pandemic”. Precautionary measures will be strictly implemented to ensure the safety of the employees and visitors.

Arif Amiri
CEO – DIFC Authority

“I am pleased to let you know that premises across the Centre are now able to fully open. Entities based in DIFC can now operate at 100 percent capacity. Like me, I am sure many clients are looking forward to returning to work here as well as making use of the world-class restaurants, cafes, retailers and art galleries.”

“Whilst day-to-day working environments will feel different, changes are being made in the interests of the health and wellbeing of everyone. Precautionary and social distancing measures remain in place. All requirements for people working and visiting are consistent with the rest of Dubai. These may be supported by additional local and global standards that your company has established,” informed Mr. Amiri in an email to the community members.

DIFC hosts nearly 2437 companies and employs 25,600 people. The stimulus package offered by DIFC will be available until the end of June 2020.

Meanwhile, the government offices of Dubai have been permitted to start functioning at 100% capacity from June 14th. The government had earlier permitted the reopening of private businesses and shopping malls in the region to function at full capacity from 3rd June.

With finance being one of the main contributors to Dubai’s economy, I’m sure every person supporting the sector is working incredibly hard to regain any lost momentum, closing deals before the quarter ends and planning for the remainder of 2020. We remain fully committed to helping our clients grow, both in the near term as the Covid-19 situation improves, and in the future,” said Mr. Amiri.