UAE – Mubasher: Spian-based financial services firm Alantra has inaugurated a new office in Dubai International Financial Centre (DIFC) to offer investment banking services to its clients in the region.
The new DIFC office reinforces Alantra’s global reach, with more than 650 professionals across 25 offices in 22 countries, according to a press release.
DIFC will enable the firm to access diverse trade and investment opportunities within emerging markets, which will boost its regional offering through a team of sector-specific experts.
Saad Ashraf was appointed as the Senior Executive Officer (SEO) of Alantra DIFC, as he will be responsible for the company's operations and growth strategies in the region.
Alantra launched its business in the Middle East at the end of 2021 and focused mainly on the maritime and offshore industry through its maritime and shipping team in Athens. Currently, it will also be based in the DIFC after executing around 20 deals at a value exceeding $1 billion in the region.
Ashraf, SEO and Managing Partner of Alantra DIFC, commented: “We believe that our specialisation in key sectors such as FIG, consumer, real estate, healthcare, and technology will add meaningful value to our clients’ strategic objectives.”
Alantra’s investment banking division provides independent advice on mergers and acquisitions (M&A), debt advisory, financial restructuring, and capital markets transactions. The firm secured more than 650 deals at a combined value of nearly EUR 88.50 billion over the past four years.
Meanwhile, DIFC is a leading financial hub for companies operating across the Middle East, Africa, and Southern Asia (MEASA) region.