DIFC registers Signature Clubs International and Capital Club Limited

Signature Clubs International opens representative office and project office for its flagship Capital Club at Dubai International Financial Centre

Signature Clubs International, developer of prestigious private business clubs, has  opened an office in the Dubai International Financial Centre.  Both Signature Clubs International and Capital Club Limited were recently registered on the DIFC and the group’s flagship development, the Capital Club, is scheduled to open in 2007.

Speaking on behalf of the Dubai International Finance Centre, Assem O. Kabesh, Chief Business Development Officer, Dubai International Financial Centre and Board Member, Dubai International Financial Centre Authority welcomed Signature Clubs International:
“The executives of Signature Clubs International have global experience in the development of prestigious private clubs and the support of a dynamic investor in Abraaj Capital.   The company has recognised the need for a private establishment where the top echelons of business, finance and government have the opportunity to meet, network and entertain. We are delighted to support the Capital Club and look forward to the Club playing a positive role in the development of the DIFC community.”

Guy Guillemard, Chief Executive of Signature Clubs International, said: 
“We are delighted to have become a registered company and secured premises in the Dubai International Financial Centre.  The DIFC offers a prime location for the Capital Club, which will open in the Gate Village next year.   In creating this new institution in Dubai, we are aiming to create a social heart for the DIFC, provide a rendezvous point for the business community in Dubai and lay the cornerstone of a network of prestigious business clubs with regional and international affiliations, assisting alliances and business development.”

Abdulla Al Awar, Director of Ancillary Service Providers at the Dubai International Financial Centre, also commented:
“We are delighted to welcome Signature Clubs International to the DIFC community, who will redefine business unity in Dubai.  We are aware of the group’s expertise in this area and we are certain their professionalism will only add value to the DIFC and will greatly benefit its members.”

Signature Clubs International is currently negotiating premises for a network of private Clubs in the MENA region. Signature Clubs International’s main shareholder is Abraaj Capital, one of the region’s leading investors.

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