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Deutsche Bank Expands UAE Presence with New ADGM Financial Services Licence

Deutsche Bank has obtained a financial services licence from the Financial Services Regulatory Authority in the Abu Dhabi Global Market (ADGM), enabling it to engage in regulated activities such as investment advising and credit arrangement. This move aligns with the bank's strategy to enhance its operations in the UAE and support regional economic initiatives like “We the UAE 2031” and the “Abu Dhabi Economic Vision 2030.” Jean-Pierre Habis has been appointed senior manager for the new ADGM branch, focusing on delivering tailored financial solutions to clients.
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