Spanish investment bank Alantra hiring for new Gulf-focused office in Dubai
30/08/2023 18:10
By Andres Gonzalez and Hadeel Al Sayegh
DUBAI, Aug 30 (Reuters) - Spanish investment bank
Alantra ALNTA.MC said on Wednesday it is in the process of
hiring a team to grow its business in the Gulf region from its
new office in Dubai.
Alantra said in a statement that it was in the process of
interviewing candidates and hoped to announce new hires before
the end of the year.
Led by Saad Ashraf as senior executive officer and managing
partner, the team will focus on healthcare, real estate and
consumer goods, Alantra's spokesperson told Reuters.
The investment bank said it also domiciled and relocated a
significant part of its global marine and shipping investment
banking sector team to Dubai.
Other European investment banks have been beefing up their
presence in the Gulf where oil companies and governments seek to
attract foreign capital and diversify revenues.
Alantra's Dubai unit obtained approval to launch investment
banking services from the regulator overseeing the Dubai
International Financial Centre (DIFC), Dubai's financial
freezone, the DIFC and the bank said in a joint statement.
(Reporting by Andrez Gonzalez in London and Hadeel Al Sayegh in
Dubai
Editing by Tomasz Janowski and Paul Simao)
((Hadeel.AlSayegh@thomsonreuters.com; +971566883310;))