News Global advisory giant to launch major digital finance operation...

Global advisory giant to launch major digital finance operation in Dubai

-

One of the world’s largest independent financial advisory and services organisations is to develop a major digital finance operation from Dubai, confirms its CEO and founder.

deVere Group’s Nigel Green made the announcement on Wednesday as the world readjusts to a post-pandemic new normal.

Mr Green comments: “The world has changed forever in the last few months, the market has changed and client expectations have changed.

“Much of this is being driven by new technologies and the rapid pace of the digitialisation of our lives, including our financial lives. 

“It was a trend that was happening pre-pandemic, but which has been massively accelerated because of it.

“Indeed, this new decade is being reshaped more rapidly and more dramatically than any other.

“To meet these fundamental shifts, we’re developing and building a major digital financial organisation from Dubai.”

There are, says Nigel Green, three main drivers why Dubai has been chosen for this by the organisation that does business in 100 countries worldwide.

“First, we already have had for more than 15 years a considerable footprint in Dubai and across the UAE, with many teams of highly talented individuals.

“Second, Dubai, which is already recognised as one of the most important financial centres in the world, can be expected to become one of the world’s top ten international financial hubs to rival and more aggressively compete with the likes of London, New York and Hong Kong.”
 
He adds: “Dubai is helped in this regard by having an independent regulator, an independent judicial system, a global financial exchange, a stable, pro-business government, a high proposition of high net worth individuals, a dynamic business community, world-class infrastructure, superior digital and telecommunications networks, English as its de-facto business language, and its enviable geographical location and time zone.

“And third is Dubai’s passion for and expertise in innovation. We’ve seen this in real-time as the emirate diversified from oil to become a truly global leader in trade, transportation, finance, tourism, retail and real estate.  

“This is exemplified by Expo 2020 Dubai’s theme, ‘Connecting Minds, Creating the Future’; as well as Sultan Al Mansoori, the UAE Economy Minister, saying recently that the new economy will now be built around digital.”

The deVere CEO says that the Dubai-based digital financial organisation will consolidate and “significantly further develop and expand” the organisation’s pioneering global Contactless Finance service and its world-leading fintech apps, which allow people to access, use, save, invest and manage their money 24/7, on-the-go, anywhere in the world.

Nigel Green concludes: “Our new Dubai-based model is designed for the new world with, as always, the client experience, and expectations and outcomes front and centre of mind.”

Ryan Namia
Ryan Namia spends most of his days reading over drafts of new written content and determining which ones make the final cut for online and print publication. He received his Bachelor's degree in Journalism in 2015 and has been writing since 2016. Got a story to tell? Email him at eic@theglobalfilipinomagazine.com. Or follow his IG @rtnamia.

Latest news

Cristiano Ronaldo praises Expo 2020 Dubai for bringing the world together

Footballing superstar Cristiano Ronaldo thrilled fans yesterday, 28 January at Expo 2020 Dubai with an appearance at...

Did you also receive this message on WhatsApp? It’s a phishing scam!

Did you also receive a link that contains a promotion that offers 2,022 free gifts as part...

New Philippine Consul General in Dubai: We can and will overcome the challenges that lie ahead

Newly-appointed Philippine Consul General in Dubai Renato N. Dueñas, Jr. met with His Excellency Rashid Abdulla Al...

Xian Gaza pinakyaw mga panindang dilis at empanada ng isang kabayan sa Dubai

Ang tinaguriang pambansang Marites ng Pilipinas na si Xian Gaza ay umani ng papuri matapos tulungan ang...
- Advertisement -

Fil-Brit TV host James Deakin visits Dubai, asked by stranger to take photo of him

Filipino-British TV and events host James Deakin, while visiting Dubai last week, shared one of his unforgettable...

PAL announces flight frequency between Dubai and Philippines for February 2022

The Philippine Airlines (PAL) announced its flight frequency between Dubai and the Philippines for the month of...

Must read

David Guetta to perform at Louvre Abu Dhabi on New Year’s Eve

DJ and producer David Guetta will be...

100% of eligible residents in the UAE receive Covid-19 vaccine

UAE has recently achieved a new milestone,...

You might also likeRELATED
Recommended to you