In Dubai on 16 March, we partnered with leading law firm, Hourani & Partners, to host a networking event focussed on doing business in the United Arab Emirates (UAE) and Kingdom of Saudi Arabia (KSA), and highlight the growing ties between Jersey, India, the KSA and UAE.
The event was led by Faizal Bhana, Jersey Finance’s Director for Middle East, Africa and India, and Sunita Singh-Dalal, Head of Private Wealth and Family Office at Hourani & Partners and was attended by more than 60 invited guests from the finance and business services sectors. Expert advisor to business families, Walid S. Chiniara, delivered the keynote speech.
Jersey has had a presence in Dubai since 2018, and was the first first IFC to have an office within the Dubai International Finance Centre (DIFC). It is from this Middle East Regional Hub that Jersey is able to connect with India – be it Indian family businesses, corporates or intermediaries who work with India based investors and clients.
Today, there are more than 40 Jersey firms providing financial services to Indian businesses, institutions, families and individuals, including non-resident Indians. Some of these firms have a presence in both Jersey and the UAE.