Independent financial advisor, the deVere Group, has announced plans to develop a digital finance business in Dubai.
The decision appears to have been sparked by the disruption of the Covid-19 pandemic and the shift to remote working and greater demand for digital services.
“The world has changed forever in the last few months,” said Nigel Green, founder and chief executive of deVere Group. “The market has changed and client expectations have changed.
“To meet these fundamental shifts, we’re developing and building a major digital financial organisation from Dubai.”
Green outlined a number of reasons as to why Dubai was chosen, including the fact that it has been present in the emirate for 15 years.
The new operation will look to expand on the firm’s current contactless finance service and its personal finance apps.
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