Nexus Expands Middle East Operations

Published May 14th, 2009 - 10:26 GMT
Al Bawaba
Al Bawaba

Nexus Expands Middle East Operations

International Business Diversity Drives Leading Independent Financial Advisors to Open Qatar Office

Dubai, United Arab Emirates

The Middle East’s largest independent financial advisor is expanding its operations in the Middle East with the growing demand for tailored financial solutions.

Nexus Group of Companies is opening an office in Qatar as part of its growth across the Middle East.

Operating within the Qatar Financial Centre, Nexus will provide impartial insurance and investment advice (limited to insurance products) to businesses and private customers.

The Economist Intelligence Unit (EIU) has recently projected that Qatar will become the world’s fastest growing economy during 2009 with REAL GDP growth in 2009 is projected at 10.7 percent.

“Providing more transparent financial services will support the tremendous economic growth seen in Qatar,” said Mahmoud Nodjoumi, Chairman and CEO, Nexus Group. “Our authorised advisors will be able to help individuals and businesses to accumulate and protect their wealth.”

“Nexus does not have exclusive ties with any product provider so we are able to deliver independent advice to meet the specific needs of our client,” he added.

Nexus Financial Services WLL is regulated by the Qatar Financial Centre Regulatory Authority to operate in and from the QFC for the provision of advice on insurance products.

Nexus has a pedigree in the Gulf stretching back over twenty years, with offices in Dubai, Sharjah, Abu Dhabi, Qatar, and the Kingdom of Bahrain.