iCapital(R) Expands Global Footprint with New Office in the United Arab Emirates
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iCapital(R) expands global footprint with new office in the United Arab Emirates. ZURICH & ABU DHABI - iCapital[1], the global fintech company shaping the future of investing, today announced the opening of its first office in the Middle East in Abu Dhabi within ADGM, the international financial center of Abu Dhabi, the Capital of the UAE. The firm has received its in-principle approval for advisory and arranging services in the ADGM, which is subject to receipt of final regulatory approval from the Financial Services Regulatory Authority (FSRA) of ADGM. This strategic expansion underscores iCapital's strong commitment to the United Arab Emirates (UAE) and the wider Middle East and strengthens its ability to deliver innovative private market solutions to banks, wealth managers, and family offices across the Gulf region. Establishing a presence in Abu Dhabi's international financial center provides iCapital with a gateway to the GCC (Gulf Corporation Council), leveraging ADGM's globally recognized regulatory framework and dynamic ecosystem. Arvind Ramamurthy, Chief Market Development Officer at ADGM, said: "We welcome iCapital to ADGM, as it establishes its first office in the Middle East. Their decision to establish a presence here reflects the confidence global firms place in our robust regulatory framework and vibrant financial ecosystem. With strong connectivity to...
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