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FINANCIAL NEWS
Dubai’s DIP registers 87% increase in allotments in 2012
19 Jan 2013
(MENAFN) Dubai Investment Park (DIP) reported a 87 percent rise in the number of firms registered in its commercial space, with a total leased area of 1.6 million sq ft in 2012, Arabian Business reported.
The business park, owned by Dubai Investments (DI), said it has attracted a total of 290 new companies last year, bringing the total tally of tenants to 2,715.
Last year, a decree from the office of Dubai ruler Sheikh Mohammed bin Rashid Al Maktoum granted foreign investors leasehold rights for up to 85 years in DIP.
DI said that office and storage spaces attracted high demand during the year with a total of 220 warehouses, spanning over 1.4 million sq ft rented out.
DI also said that a total of 54 office spaces spanning 87,000 sq ft and 16 showrooms at 100,000 sq ft were also leased.
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BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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