Gulf merchant group limited re-named as gulf merchant bank limited

Gulf merchant group limited re-named as gulf merchant bank limited
Gulf Merchant Group Limited, the investment banking and asset management firm regulated by the Dubai Financial Services Authority, today announces that it has been re-named Gulf Merchant Bank Limited (“GMB”), to better reflect its core services as it moves to the next stage of growth.
Commenting on the re-naming, Nabil Maaloul, Chairman and CEO of GMB, said:
“As a boutique, well-capitalized, regional-specialist merchant bank we have identified a number of exciting near-term opportunities to continue to advance our long-term strategy of serving regional businesses, particularly those that are family owned, and the international investors who wish to participate in those companies. We made the decision to re-name our Dubai-based arm Gulf Merchant Bank to bring it in-line with our clients’ perceptions about the regional advice and expertise we offer in the private equity, asset management and investment banking sectors.”