Capital International has received regulatory approval from the Dubai Financial Services Authority to open a representative office in the Dubai International Financial Centre.
The news marks a “significant milestone” for the Capital International Group and will add to its offices in the Isle of Man, Jersey and South Africa,
The firm says establishing a presence in Dubai positions it to work directly with wealth managers, advisory firms, asset managers and family offices in the United Arab Emirates, and reflects the Group’s “commitment to combining local presence with global expertise to deliver tailored investment services to intermediaries”.
David Noon, Commercial Director at Capital International, said: “We’ve already built strong relationships with financial service intermediaries in the Middle East, but I’m a strong believer that to achieve real growth in any business, you must be there on the ground.
“By joining the DIFC community, we can deepen our ties with the region and support our business partners more effectively.”
Mr Noon explains that the DFSA licence enables Capital International to deliver its multi-currency investment platform, which offers access to global equities, ETFs, bonds, and funds.
“Unlike restricted platforms, it provides flexibility and transparency, giving intermediaries genuine choice rather than limiting them to proprietary products.”
The expansion into Dubai follows the Group’s previous launch in South Africa.
Mr Noon added: “We’ve done this before in South Africa, where being on the ground made all the difference. Our aim in the Middle East is the same: to become part of the community, part of the DIFC, and to grow alongside our business partners.”
Antony Kelsey, Managing Director, Capital International (Jersey) Limited, said: “The expansion into Dubai is a natural progression for Capital International. It enables us to work more closely with intermediaries and partners in the region – including valued fiduciary businesses with a Jersey presence – and reflects our commitment to building strong, long-term relationships.
“Our focus is on supporting the financial community by delivering leading investment solutions in line with international standards.”