Dexia Group’s unit Dexia Asset Management has set up an office in the Dubai International Financial Centre (DIFC), Gulf News reports. The new office will help the company expand in the Middle East and North Africa markets and will increase its foothold in the Indian subcontinent.
Sami El-Eid, who heads the company’s Bahrain office, will also run its new office in DIFC, adds Zawya. The asset management company, which had €80.5 billion in assets as of the end of September, has teams in Brussels, Luxembourg, Paris and Sydney and sales teams throughout continental Europe, Canada, Australia and the Middle East.
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