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United Arab Emirates : OFFICE in Dubai opened by Swiss banking group SYZ & Co

June 28, 2014

Swiss banking group SYZ & Co has launched a representative office in Dubai which will encourage its offering for institutional investors, for example sovereign funds, pension funds, institutions, multi-family offices and wealthy individuals.

The office will cover all 6 Gulf Cooperation Council States Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates and run within the framework of the Dubai International Financial Centre, a financial free zone intended for foreign financial companies.

Newly appointed manager of the Dubai office, George Azar, and his team will moreover promote the Oyster investment funds and examine the opportunities for expansion in the region. This comprises, for example, the introducing of specific products in cooperation with local partners.

Azar was earlier in charge of the local office of Jefferies International.

Imran Ahmed, who was earlier a deputy director and deputy head of institutional sales for North Africa and the Middle East, has also joined the SYZ & Co Dubai office.

The bank said, "The Gulf region is particularly dynamic and has been expanding rapidly for about ten years . Dubai, in particular, is displaying great economic vitality and has embarked on a major programme of economic diversification, in particular in new technologies, commerce and high-end tourism.

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Source: TendersInfo (India)

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