Edmond de Rothschild Group is expanding its Middle East presence with a new advisory office in Dubai.
With the opening of an advisory office in the Dubai International Financial Centre (DIFC), Edmond de Rothschild Group said it is strengthening its investment and long-term commitment to the booming region, according to a statement on Tuesday.
Historically, Edmond de Rothschild established strong relationships throughout the Middle East, serving its clientele from its main hubs in Switzerland and Europe through its representative office in Dubai.
Through the Edmond de Rothschild (Middle East) advisory office, advisers will be closer to their clients and with a category 4 license can now advise clients locally and give them access to the group's offerings.
The Leadership
Ali Raza Syed, senior executive officer of Edmond de Rothschild (Middle East), will head the local office, reporting to Saman Habibian, Chairman and the market leader for the Middle East & Africa at Edmond de Rothschild (Middle East).
«Expanding our presence in the UAE was a natural choice, given Dubai’s spectacular growth for a long time along with DIFC’s expertise and world-class services. Moreover, most of our clients in the region have family-driven business models and their success is based on innovation, strong convictions, and action. We share their entrepreneurial and pioneering spirit in proactively addressing present and future needs and challenges,» said group board chair Ariane de Rothschild.