BDO Corporate Finance Adds Office in Dubai

By Prne, Gaea News Network
Monday, May 25, 2009

DUBAI, United Arab Emirates - BDO International, the 5th largest global accountancy network, has today announced the opening of a new corporate finance office in Dubai to act as a hub for corporate finance and restructuring advisory work in the Middle East.

BDO Corporate Finance (Middle East) LLP will focus on building relationships with and working alongside regional family offices, institutional investors and businesses as well as helping multinational businesses who want to break into the Middle East.

BDO Corporate Finance is based in the Dubai International Financial Centre (DIFC), is authorised and regulated by the Dubai Financial Services Authority (DFSA) and is headed up by Jon Breach, Corporate Finance Partner, who has relocated from the London corporate finance team of BDO, together with a team of specialists.

Jon Breach, Lead Partner of BDO Corporate Finance (Middle East) LLP, said: “Over the last few years, we have witnessed the rising influence of Middle Eastern investors in the global corporate finance arena. By having a team of corporate finance and restructuring experts based in the region we are bringing additional specialist advisory services to the strong relationships established by the local BDO member firms. This will result in our clients being able to access a broader range of services which is why we have opened the dedicated regional office. This market will continue to grow in importance as an international source of capital and the opportunity for us is very exciting. I look forward to working alongside the local BDO member firms in this dynamic region.”

Jawad Habib Jawad, Head of Middle East Region at BDO, said “The Middle East is strategically important to BDO at an international level. Our strong member firms in the region will benefit from specialist corporate finance and restructuring advisory knowledge, skills and expertise on the ground. Our experience shows that Middle East investors prefer to work with local experts and this is what we will provide through this new venture. Jon brings with him a wealth of experience and he and his team will be able to draw on our regional and international BDO member firms for support where necessary.”

Notes to Editors:

BDO Corporate Finance provides corporate finance, mergers & acquisitions, finance raising and restructuring advice and transaction services. BDO Corporate Finance (Middle East) LLP is registered in the Dubai International Financial Centre (DIFC) under registered number 0830 and is authorised and regulated by the Dubai Financial Services Authority (DFSA). (www.bdocf.com)

BDO international is a world-wide network of public accounting firms, called BDO Member Firms. Each BDO Member Firm is an independent legal entity in its own country. The network is coordinated by BDO Global Coordination B.V., incorporated in The Netherlands, with its statutory seat in Eindhoven (trade register registration number 33205251) and with an office at Boulevard de la Woluwe 60, 1200 Brussels, Belgium, where the International Executive Office is located. (www.bdointernational.com)

For more information, please contact: Jon Breach, Partner and Head of Office, BDO Corporate Finance (Middle East) LLP via email: jon.breach@bdocf.com

Source: BDO Corporate Finance (Middle East) LLP

For more information, please contact: Jon Breach, Partner and Head of Office, BDO Corporate Finance (Middle East) LLP via email: jon.breach at bdocf.com, +971-044-019684

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