Unicapita Advisory Co. Limited Receives License to Operate from Dubai International Financial CentrePress Release 12 May 2013 08:31 am
Unicapita Advisory Co. Limited (“UACL”) today announced the opening of its Dubai office following the award of a license by the Dubai Financial Services Authority (DFSA) to operate from Dubai International Financial Centre (DIFC).
Mr. Nawaf Al-Shamali, Senior Executive Officer of UACL said: “The intended plan of setting up UACL in Dubai emerged from a unique window of the opportunities currently present in the UAE and GCC region for a firm with the vision of the sponsors”.
Mr. Al-Shamali continued: “The main objectives of UACL is to offer a broad spectrum of investment services and innovative solutions to corporate, individual investors and family business in the GCC region in line with deliberate strategy adopted by highly-qualified and experienced team, and become a model for regional investment advisory firms by promoting the concept of “giving back” to the communities/countries in which we operate”.
“The UACL founders believe that the UAE and the GCC and wider Middle East market provide a very promising business opportunity for reputed and highly rated specialist in providing Financial and Business Advisories and arranging Financial Products and Investments,” he added.
Jeff Singer, CEO of DIFC Authority said, “We are pleased to welcome UACL to the growing DIFC community and look forward to the company’s contribution to the development of the regional financial services sector. The new office opening comes at a time when an increasing number of firms are choosing the DIFC to establish a stronger presence both regionally and internationally.”
“We are delighted to have received the necessary approvals from the authorities at DFSA and DIFC, and we look forward to joining other International companies in the major financial centre of the region” Mr. Al-Shamali concluded.