Middle-east Arab News Opinion | Asharq Al-awsat

Citigroup to Expand in the Middle East - ASHARQ AL-AWSAT English Archive
Select Page

Dubai, Asharq Al-Awsat- Citigroup Global Markets Ltd, today announced that it has received approval from the Dubai Financial Services Authority to operate as an authorized firm at the Dubai International Financial Center (DIFC).

This comes shortly after the global bank stated its intention to establish significant businesses at the DIFC over the coming months to service the MENA region, including Equity and Investment Banking and a dedicated equity research team.

Mr. Mohammed Al Shroogi, Citigroup Country Officer (CCO) for the United Arab Emirates (UAE), and Corporate and Investment Banking Head for the Middle East, based in Dubai, said: “The DIFC provides Citigroup with a world-class platform from which to operate throughout the Middle East and allows us to contribute towards developing the region’s financial markets. Introducing a full-service wholesale banking business allows us to better service our clients and take advantage of new investment opportunities”.

Asharq Al-Awsat

Asharq Al-Awsat

Asharq Al-Awsat is the world’s premier pan-Arab daily newspaper, printed simultaneously each day on four continents in 14 cities. Launched in London in 1978, Asharq Al-Awsat has established itself as the decisive publication on pan-Arab and international affairs, offering its readers in-depth analysis and exclusive editorials, as well as the most comprehensive coverage of the entire Arab world.

More Posts

Follow Me:
FacebookGoogle PlusYouTube