Capital International Limited (“Capital International”) has recently received approval from the Dubai Financial Services Authority (“DFSA”) to operate a Representative Office from within the Dubai International Financial Centre (“DIFC”).
Capital International Group is a leading multi-faceted financial services group headquartered in the Isle of Man, and this milestone underscores the Group’s commitment to expanding its presence into the Middle East.
Commenting on the approval, David Noon, Commercial Director at Capital International, said: “We’ve already built strong relationships with financial service providers in the Middle East, but I’m a strong believer that to achieve real growth in any business, you must be there on the ground. By joining the DIFC community, we can deepen our ties with the region and support our business partners more effectively.”
The DFSA licence enables Capital International to deliver its multi-currency investment platform to wealth managers, international advisory companies, asset managers, and family offices in the UAE. The platform provides access to multiple asset classes and a level of flexibility not always available in restricted platforms.
“Not all investment platforms are the same. Ours is designed to give clients true choice and access, from global equities and ETFs to bonds and funds, rather than limiting them to a provider’s own products,” added Noon.
The move into Dubai mirrors the Group’s expansion in other international markets. “We’ve done this before in South Africa, where being on the ground made all the difference. Our aim in the Middle East is the same: to become part of the community, part of the DIFC, and to grow alongside our business partners,” Noon continued.
