DIFC may cut registration fees

A significant reduction in fees before the middle of this year is being considered by the Dubai International Financial Centre (DIFC) to attract more funds, Khaleej Times has reported. 'We have a comprehensive package including cuts in registration and listing fees of funds," DIFC Chief Economist, Dr. Nasser Saidi told reporters on the sidelines of a seminar in Dubai. DIFC is also looking to attract real estate investment trusts and funds complying with Shariah-compliant banking law, he added.