One of the world’s largest independent financial advisory deVere group has announced that the company is planning to develop a major digital finance operation from Dubai, the announcement was made by its CEO and founder Nigel Green as the world readjusts to a post-pandemic and things are totally different in the present scenario.

Mr. Green said that “The world has changed forever in the last few months, the market has changed and client expectations have changed. Much of this is being driven by new technologies and the rapid pace of the digitalization of our lives, including our financial lives.  It was a trend that was happening pre-pandemic, but which has been massively accelerated because of it. Indeed, this new decade is being reshaped more rapidly and more dramatically than any other. To meet these fundamental shifts, we’re developing and building a major digital financial organization from Dubai.”

 “First, we already have had for more than 15 years a considerable footprint in Dubai and across the UAE, with many teams of highly talented individuals. Second, Dubai, which is already recognized as one of the most important financial centers in the world, can be expected to become one of the world’s top ten international financial hubs to rival and more aggressively compete with the likes of London, New York and Hong Kong.”

He adds: “Dubai is helped in this regard by having an independent regulator, an independent judicial system, a global financial exchange, a stable, pro-business government, a high proposition of high net worth individuals, a dynamic business community, world-class infrastructure, superior digital and telecommunications networks, English as its de-facto business language, and its enviable geographical location and time zone. And third is Dubai’s passion for and expertise in innovation. We’ve seen this in real-time as the emirate diversified from oil to become a truly global leader in trade, transportation, finance, tourism, retail and real estate.  

The CEO says that the Dubai-based digital financial organization will consolidate and “significantly further develop and expand” the organization’s pioneering global Contactless Finance service and its world-leading fintech apps, which allow people to access, use, save, invest and manage their money 24/7, on-the-go, anywhere in the world.

Source- Press Release