Gilford Securities Joins The DIFC



Gilford Securities, the Wall Street based, privately owned investment banking firm announced today that it has been granted a full service license by the Dubai Financial Services Authority (DFSA) to provide investment banking services from within the Dubai International Financial Centre (DIFC). Gilford Securities opened its full service office in the DIFC on September 1, 2007

Gilford Securities is a full-service boutique investment firm providing an array of financial services to institutional and retail clients. From award-winning corporate finance services and equity research to retirement planning and wealth management, Gilford Securities financial experts are prepared to accommodate the needs of all investors.

Gilford Securities continues to capitalize on the growing opportunities in global markets by expanding its working relationships with major financial centers around the world. The DIFC is no different - the economic development and rapid growth in the Middle East means that new and sophisticated financial products are increasingly required to support a platform for managing US$1.5 trillion of wealth held by Middle Eastern financial individuals and institutions.

Through its DIFC office, Gilford Securities will continue to offer clients a wide range of innovative global investment banking services including M&A and IPO advisory, Fairness Opinions and Secondary Offerings advisory. In addition, Gilford Securities will offer complete asset management, brokerage services at access to its unique alternative investment products.

Ralph Worthington, Chairman of Gilford stated, "The opening of an office at the DIFC will allow us to expand new opportunities in this compelling market and furthermore meet the growing needs of our existing customers. Gilford looks forward to participating in the continuing growth of the Middle East."

Nasser Al Shaali, CEO of DIFCA said, "It is a pleasure to welcome Gilford Securities to the DIFC. The advent of such a reputed investment bank to the DIFC is a significant addition to the constantly growing list of world class firms joining the DIFC, further cementing our reputation as a world class financial centre. Here, at the DIFC, Gilford Securities can truly benefit from an unrivaled environment which facilitates business in a transparent, efficient and integrity driven manner."

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