• HSBC

DCCI flags up rental rates

  • United Arab Emirates: Monday, December 10 - 2007 at 08:50

The Dubai Chamber of Commerce and Industry (DCCI) has published a survey revealing that steep rents in the city were the main 'limiting factor' for businesses last year, reported Gulf News. 87% of the 452 respondents from all industry sectors said they were hit by high rental rates in 2006 and 85% expected the situation to continue into 2007. Traffic congestion was also cited as a major obstacle to business development.

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