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Finance

Aquila Group to open Middle East office in Abu Dhabi

Published by Global Banking & Finance Review

Posted on April 8, 2025

1 min read

· Last updated: April 8, 2025

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Aquila Group Launches New Office in Abu Dhabi for Growth

By Yousef Saba

DUBAI (Reuters) - Hamburg-based investment firm Aquila Group is expanding its operations with a new office in Abu Dhabi in the United Arab Emirates as it targets growth opportunities in the Gulf and Middle East, it said on Tuesday.

The new business, Aquila Capital Middle East, will look to deploy capital in Middle East projects including data centres and renewable energy projects, the company, which manages 15.4 billion euros ($16.88 billion) in assets, said in a statement.

"The very reason Abu Dhabi has been chosen is because we think it's one of the best growth prospects for us to be going into as a business," Zaki Nuseibeh, chief executive of Aquila Capital Middle East, told Reuters.

Aquila has received preliminary permission for its business from Abu Dhabi's financial centre, ADGM, and is awaiting final approval.

Rising company registrations, the appeal of sovereign wealth funds, and the relative ease of obtaining a license to operate compared with other financial centres have increasingly drawn global firms to the ADGM in recent years.

($1 = 0.9122 euros)

(Reporting by Yousef Saba; Editing by Joe Bavier)

Key Takeaways

  • Aquila Group opens an office in Abu Dhabi.
  • Focus on Middle East growth opportunities.
  • Investments in data centers and renewable energy.
  • Preliminary approval from ADGM received.
  • Abu Dhabi chosen for its growth prospects.

Frequently Asked Questions

What is the main topic?
The main topic is Aquila Group's expansion into the Middle East with a new office in Abu Dhabi.
Why did Aquila Group choose Abu Dhabi?
Aquila Group chose Abu Dhabi for its growth prospects and ease of obtaining business licenses.
What sectors will Aquila Group focus on?
Aquila Group will focus on data centers and renewable energy projects in the Middle East.

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