Rothschild & Co Expands to Dubai With New DIFC Office
Since 2010, the firm has facilitated 175 mergers and acquisitions in the Middle East, valued at approximately USD 100 billion.
Leading global financial services firm Rothschild & Co has opened a new wealth management office in Dubai’s Dubai International Financial Centre (DIFC) to strengthen its operations in the Middle East.
The expansion underscores Dubai's growing status as a regional capital of private wealth, with clients at DIFC managing an estimated USD 3.5 trillion in capital. The DIFC itself plays a strategic role in wealth and asset management, hosting more than 400 companies, including 44 hedge funds from the "billion-dollar club."
Rothschild & Co's presence in over 40 countries and its 4,600 financial specialists reinforce its reputation for expertise in mergers and acquisitions, strategy, financing, and wealth management. Since 2010, the firm has facilitated 175 mergers and acquisitions in the Middle East, valued at approximately USD 100 billion.
The opening coincided with a meeting between Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum and Rothschild & Co's Executive Chairman, Alexandre de Rothschild. Discussions focused on the firm's regional growth plans and the UAE's reputation as a global financial leader.
Dubai’s robust economic agenda, known as D33, was also highlighted during the meeting. The initiative aims to double the emirate's economy within the next decade, attract USD 177 billion in foreign direct investment, and secure Dubai's position as one of the top four global financial hubs.
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Dec 22, 2024