IQ-EQ opens office in Dubai

IQ-EQ has opened up an office in Dubai, United Arab Emirates (UAE), led by Tariq Nakhooda, senior executive officer.

With this first physical presence in the Middle East, IQ-EQ hopes to assist clients with local and international structuring requirements, including company and foundation formation and management, compliance services, corporate secretarial and accounting services. Additionally, it aims to offer domestic fund administration services subject to relevant regulatory approvals.

“Having worked in Dubai for over a decade, I have witnessed first hand its remarkable connectivity with the rest of the world, its strategic positioning and robust growth – making it imperative for a top global player like IQ-EQ to be part of this growing community,” commented Nakhooda.

Mark Pesco, group CEO of IQ-EQ, added: “The extension of IQ-EQ’s global reach to the Dubai International Financial Centre, a leading financial hub in the Middle East, aligns with our ambition to have a local presence in all of the world’s leading international financial centres and will enhance the group’s already strong global positioning.”

According to the company, Nakhooda will work closely with Sridhar Nagarajan, IQ-EQ’s regional managing director for Africa, India and the Middle East, and Rehma Imrith, chief commercial officer for Africa, India and the Middle East, to build out the firm’s business in the UAE.

This latest expansion will raise IQ-EQ’s location count to 25 jurisdictions across the globe.