Attijariwafa bank Middle East Limited, the subsidiary of Attijariwafa bank Group, has been granted a Category 4 License to operate from the Dubai International Financial Centre (DIFC) as a Dubai Financial Services Authority (DFSA) authorized and regulated entity.
Abdulla Mohammed Al Awar, CEO, DIFC Authority, said: “We are pleased to welcome Attijariwafa bank Middle East Limited, which joins our DIFC community of over 900 companies including 19 of the top 25 global banks. DIFC is not just a cornerstone of the Dubai and UAE economies but is also the Centre for attracting investment and supporting the growth of economies across the entire region. DIFC has already become a core element of the region’s banking and financial sector and we are determined to continue growing as a global financial hub.”
Attijariwafa bank Group is the largest bank in Morocco and one of the leading financial institutions in Africa. The Group has an international dimension with a presence in 23 countries worldwide and notably enjoys an unmatched network in North and Sub-Saharan Africa where it operates in 12 countries through fully-controlled licensed local banks and subsidiaries.
“Attijariwafa bank Middle East Limited will benefit from the unrivaled platform of the Group to provide strategic advisory services to clients seeking to get or increase exposure to one of our growing markets. The team will leverage on local market knowledge and expertise to offer M&A advisory, capital markets and restructuring services” said Omar Ben Hallam, Senior Executive Officer and Managing Director of the company. Majid Bennis, Chief Operating Officer and Executive Director, added “The DIFC structure will further strengthen our investment banking product offering to Middle Eastern clients”.
Attijariwafa bank Middle East’s board of directors is chaired by Chakib Erquizi (Group’s head of market activities) and composed of Mohamed El Kettani (Groups’ s Chairman and CEO), Boubker Jai (Group’s Co-CEO), Omar Ben Hallam, and Majid Bennis.
attijariwafa bank launches, middle east limited, advisory services, banking, licensed local banks, investment banking product, bank, dubai international financial centre, middle east, sub-saharan africa, financial services authority, africa, uae, morocco, mohamed el kettani, omar ben hallam, majid bennis, abdulla mohammed al awar, dubai, economy of dubai, attijariwafa bank, dubai international financial centre, wafa bank, director of the company, united arab emirates, executive officer and managing director, ceo, head of market, natixis middle east limited, chief operating officer and executive director, chairman and ceo
1174 days ago,(2013/06/11) - smartTrade Technologies
Kepler Capital Markets Selects smartTrade’s Liquidity Management System for their Inflation Hybrid Platform IDBlink® smartTrade Technologies provides a scheduled an...
348 days ago,(2015/09/15) - Ancoa
London, Kuala Lumpur 15 Sept, 2015: N2N Connect, providers of enterprise-wide integrated trading solutions to stock broking firms and banks in Asia-Pacific and Ancoa, provider...
352 days ago,(2015/09/11) - Traiana
Existing infrastructure will accommodate workflows around affirmation, allocation and trade lifecycle management London and New York – September 8, 2015 – B...
News: BSO’s Presence in Singapore Exchange Co-Location Data Centre Creates New Trading Opportunities
334 days ago,(2015/09/29) - BSO Network Solutions
Significant development for firms trading between European and Middle Eastern financial markets with APAC 29th September 2015 - London, UK - BSO Network So...
News: Back To Riothe Road to a Sustainable Economic Future By Christine Lagarde, Managing Director, International Monetary Fund, Washington DC, June 12, 2012
1537 days ago,(2012/06/12) - News Articles
Good morning. It is a great pleasure to be here. I would like to thank the Center for Global Development for sponsoring this event. The Center does really great work under the...
1238 days ago,(2013/04/08) - Azul Systems
Azul Zing JVM deployment marks beginning of a new joint engineering initiative with LMAX Exchange LONDON, UK, and SUNNYVALE, Calif., April 8, 2013 — ...
News: Volante Technologies supports Fintech startup IWIAfrica’s integration into the financial market
352 days ago,(2015/09/11) - Volante Technologies
Enabling the SWIFT Innotribe finalist to accelerate global market access using Volante’s out-of-the-box Volante Product suite for transforming financial messages ...
News: DGCX Enhances Trading Proposition By Extending Trading Hours - Exchange Will Open 30 Minutes Before Indian Exchange Traded Currency Derivatives Markets - DGCX Participants Will Have 30 Minutes Of Trading Time Overlap With The Asian Markets Before Indian Markets Open
1550 days ago,(2012/05/31) - News Articles
The Dubai Gold and Commodities Exchange (DGCX) today announced an extension of its trading hours. From the 4th June, 2012, the Exchange will open from 07:00 (UAE time), 1 hour...