Global Investment House opens new office in DIFC

Dubai — Global Investment House has announced the inauguration of its new premises in Dubai International Financial Center (DIFC).

Global Investment House DIFC is a fully owned subsidiary of Global Investment House and regulated by the Dubai Financial Services Authority. It offers advisory services and arranges credit or deals in investments in shares, debentures, warrants, certificates, options, units, futures, structured products, credit facilities and rights under a long-term insurance contract.

Maha Al Ghunaim, vice chairman and group CEO, said: “Global DIFC marks a milestone in the future of Global as it strengthens our presence in one of the major capital markets in the region and provides us access to a wide investment banking transactions.”

A lot is happening in the UAE on the investment banking front including stock listings, IPOs, restructuring, mergers & acquisitions, bonds and sukuk issuance among others. Recent issuances have clearly demonstrated that there exists an appetite for big ticket offerings and that the level of liquidity to support such offerings was also present in the market.

“Our regional presence, track record and vast experience coupled with market and industry knowledge will provide us with a competitive edge to compete on Investment Banking mandates,” Al Ghunaim added.

— business@khaleejtimes.com