Leading financial advisory firm at DIFC plans futher expansionPress Release 09 Nov 2010 10:25 am
Global Deloitte Chairman John Connelly inaugurates new offices
On a visit to Dubai to attend the Deloitte Middle East’s Annual Partners Meeting, John Connolly, Global Chairman, Deloitte Touche Tomahtsu Limited, joined His Excellency Ahmad Humaid Al Tayer, Governor of Dubai International Financial Center (DIFC), to inaugurate the new offices of Deloitte Corporate Finance Limited, the Middle East firm’s Financial Advisory Services practice, at DIFC.
In the space of two years Deloitte Corporate Finance Limited has grown from a staff of 20 to 150 employees, making it the largest advisory firm at DIFC today.
“The move of Deloitte Corporate Finance Limited to larger offices within the DIFC is symbolic of the practice’s achievements in the past two years while also providing it with room for further planned expansion,” said Connolly of the event. He continued: “DIFC is the ideal location for Deloitte Corporate Finance Limited due to DIFC’s state of the art infrastructure as well as its close proximity to the key commercial and residential areas in Dubai. Deloitte firmly believes in DIFC’s role as a regional hub for banking and finance.”
His Excellency Ahmad Humaid Al Tayer, Governor of Dubai International Financial Centre, said.
“We are delighted to be able to provide the right infrastructure and platform to help Deloitte Corporate Finance Limited grow and expand their operations from the centre and across the region. The exponential growth achieved by Deloitte Corporate Finance Limited in the last two years is testament to the strength of their business offering and the growth opportunities UAE and the wider region have to offer. 45% of the companies in the DIFC are operating GCC-wide businesses from the Centre. We are pleased to support Deloitte in this exciting next phase of growth from their new offices in the DIFC.