Rothschild & Co has officially inaugurated its new office in Dubai, underscoring its ambition to strengthen its footprint across the Middle East. This move marks a significant milestone for the global financial services firm as it seeks to tap into the vast opportunities within the region.<\/p>\n\n\n\n
Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance of the UAE, and President of the Dubai International Financial Centre (DIFC), recently met with Alexandre de Rothschild, Executive Chairman of Rothschild & Co. The meeting focused on the firm\u2019s strategic expansion plans, with Dubai serving as its regional base of operations.<\/p>\n\n\n\n
During the meeting, Sheikh Maktoum commended Rothschild & Co for establishing its wealth management office in Dubai. He highlighted the UAE\u2019s status as a premier global financial hub, attributing this reputation to the nation\u2019s adaptable and business-friendly ecosystem. This environment continues to drive success across various sectors, particularly financial services and consultancy.<\/p>\n\n\n\n
The discussions also explored the UAE\u2019s forward-looking strategies aimed at sustainable development. Central to these efforts is a robust partnership framework that encourages collaboration between public and private sectors, fostering mutual growth and innovation.<\/p>\n\n\n\n
Sheikh Maktoum emphasized Dubai\u2019s commitment to achieving the ambitious targets set forth in the Dubai Economic Agenda D33. This roadmap aspires to double the emirate\u2019s economic output within the next decade and solidify its position as one of the world\u2019s top four financial centres. A significant aspect of this agenda is attracting over AED 650 billion ($177 billion) in foreign direct investment.<\/p>\n\n\n\n
As a pivotal player in Dubai\u2019s financial ecosystem, the Dubai International Financial Centre continues to attract global financial services firms. With over 400 companies, including 44 elite hedge funds, the DIFC serves as a magnet for wealth and asset management activities. The estimated $3.5 trillion in capital managed by its clients further underscores Dubai\u2019s status as the region\u2019s private capital hub.<\/p>\n\n\n\n
Rothschild & Co brings nearly two centuries of expertise to its operations in Dubai, with a presence spanning over 40 countries and a team of 4,600 professionals. The firm specializes in mergers and acquisitions (M&A), strategic advisory, financing, and wealth management.<\/p>\n\n\n\n
Since 2010, Rothschild & Co has successfully executed 175 M&A transactions in the Middle East, collectively valued at approximately $100 billion. This track record reflects the firm\u2019s commitment to delivering high-value solutions tailored to the region\u2019s dynamic market.<\/p>\n\n\n\n
By establishing its Dubai office, Rothschild & Co is strategically positioning itself to leverage the UAE\u2019s unparalleled business environment and ambitious growth agenda.<\/p>\n\n\n\n
Published on: 20 Nov 2024<\/strong><\/p>\n\n\n\n Source: <\/strong>https:\/\/www.arabianbusiness.com\/industries\/banking-finance\/rothschild-co-opens-dubai-office-as-it-eyes-slice-of-difc-clients-3-5tn-capital<\/p>\n","protected":false},"excerpt":{"rendered":" Rothschild & Co has officially inaugurated its new office in Dubai, underscoring its ambition to strengthen its footprint across the Middle East. This move marks a significant milestone for the global financial services firm as it seeks to tap into the vast opportunities within the region. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First […]<\/p>\n","protected":false},"author":1,"featured_media":23461,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_joinchat":[],"footnotes":""},"categories":[173,67],"tags":[],"class_list":["post-23459","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-dubai","category-news"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/sevenluxuryrealestate.com\/tr\/wp-json\/wp\/v2\/posts\/23459","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sevenluxuryrealestate.com\/tr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sevenluxuryrealestate.com\/tr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sevenluxuryrealestate.com\/tr\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sevenluxuryrealestate.com\/tr\/wp-json\/wp\/v2\/comments?post=23459"}],"version-history":[{"count":0,"href":"https:\/\/sevenluxuryrealestate.com\/tr\/wp-json\/wp\/v2\/posts\/23459\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sevenluxuryrealestate.com\/tr\/wp-json\/wp\/v2\/media\/23461"}],"wp:attachment":[{"href":"https:\/\/sevenluxuryrealestate.com\/tr\/wp-json\/wp\/v2\/media?parent=23459"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sevenluxuryrealestate.com\/tr\/wp-json\/wp\/v2\/categories?post=23459"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sevenluxuryrealestate.com\/tr\/wp-json\/wp\/v2\/tags?post=23459"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}