Cantor, a premier global investment bank, announced a significant expansion. It is expanding its presence in the Middle East. The firm is opening a new Cantor Abu Dhabi office in ADGM (Abu Dhabi Global Market). ADGM is the International Financial Centre of Abu Dhabi, UAE. The firm has secured in-principle approval for a Financial Services Permission. This permission allows the regulated activities to be carried on in or from ADGM. This new office reinforces Cantor’s commitment. They intend to broaden their presence in key international markets. They also plan to better serve regional clients across the Middle East.
Ali Khalpey joined Cantor earlier this year. He is the Head of Middle East, Investment Banking & Capital Markets. He will oversee the firm’s expansion across the Gulf region. The focus will be on advisory services and capital markets. Sage Kelly, Co-Chief Executive Officer at Cantor, stated that the Middle East is a key growth market. He added that the firm is expanding its global investment banking platform.
Contributing to Regional Capital Markets
Ali Khalpey highlighted the Gulf region. He noted that it is one of the most active IPO markets globally. It is also active for capital formation. Cantor hopes to contribute meaningfully to the continued growth of regional capital markets. He emphasized ADGM’s role. It has become a major financial hub. It connects regional and global capital flows. The Cantor Abu Dhabi office will enable them to better serve clients. These clients are pursuing diversification and access to international markets.
Arvind Ramamurthy from ADGM welcomed Cantor. He noted that the firm’s decision reflects the financial center’s growing importance. It is a key base for global institutions. The Cantor Abu Dhabi office will contribute to the financial ecosystem. This reinforces Abu Dhabi’s development as a hub for capital markets. The new office remains subject to final regulatory approval. This is expected in the first quarter of 2026. This expansion marks a pivotal step in Cantor’s global strategy.
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News Source: Businesswire.com
