Isa Kadhim: Zabeel Districts' 100B+ Dirhams Investment
Essa Kazem, the Director General of Dubai International Financial Centre (DIFC), announced that the "Zabeel District" project, with a cost exceeding 100 billion dirhams, aims to expand Dubai's financial hub to include over 7 million square feet of space, accommodating approximately 42,000 companies and 125,000 employees by 2040. The project focuses on developing an integrated ecosystem for business and innovation, including an artificial intelligence center, a growing academy, and technological spaces, all with the goal of strengthening Dubai’s position as a global financial center and attracting investments and talent. The first phase of the project is set to be completed by 2030, with full completion expected by 2040.
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