World's fifth largest accountancy firm opens DIFC office

Dubai, June 24, 2009 (WAM) - BDO International, the 5th largest global accountancy network, today announced the opening of a new corporate finance office in the Dubai International Financial Centre (DIFC). The new office - BDO Corporate Finance (Middle East) LLP - will act as a hub for corporate finance and restructuring advisory work in the Middle East.
It 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.
Dr. Omar Bin Sulaiman, Governor of the DIFC, welcomed BDO International to the DIFC. "The world's fifth most important accountancy consultancy joins a growing list of top global firms at the DIFC, the world's fastest growing international financial hub. We have 20 of the world's top 25 banks and 6 of the world's 10 largest asset managers".
BDO Corporate Finance has received Category 4 Authorised Firm status from the Dubai Financial Services Authority (DFSA). Jon Breach, Corporate Finance Partner, who has relocated from the London office of BDO, heads up the office and has brought with him a team of corporate finance specialists from the UK. –