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Saffar Capital receives DFSA license to operate in the DIFC
Posted: 12 June 2008
Saffar Capital, a regional financial services firm, announced that the company has been issued a license to operate as an authorised firm in the Dubai International Financial Centre (DIFC).
The license, granted by the Dubai Financial Services Authority (DFSA), allows Saffar to arrange deals in investments and advise on financial products.
The company focuses on two main areas: sourcing early stage private equity investments in the financial services infrastructure sector and corporate finance advisory. As an investment advisor, Saffar Capital develops financial services infrastructure opportunities in banking, insurance, mortgages, derivatives and alternative investments throughout the MENA Region.
Welcoming Saffar Capital to the DIFC community, Nasser Al Shaali, CEO of the DIFC Authority said: "With rapid growth, the regional financial market is seeing a host of new investment opportunities. With its expertise in identifying promising early-stage opportunities, Saffar Capital can make a significant contribution to fostering good business ideas and ventures in the region. DIFC provides the strategic platform for companies like Saffar Capital to tap the vast opportunities generated by the regions financial market."
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