A company specialized in settling debt and credit disputes and providing sales services to financial and banking institutions

Belkesh Associates chooses Dubai as the global headquarters for its operations

  • Dubai offers the best infrastructure, logistics and business diversification opportunities.

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  • Fahad Al Gergawi: "Working in the financial sector in Dubai gives companies a distinct advantage in terms of prestige and reputation."

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The Dubai Investment Development Corporation has supported Belkesh Associates in choosing Dubai as its global headquarters location and managing its operations in 11 countries in the Middle East, South Asia, Southeast Asia and Africa.

According to a statement issued yesterday, Belkesh Associates specializes in settling debt disputes, verifying credit status, and providing sales services to financial institutions and telecommunications companies.

selection factors

The company attributed the decision to choose Dubai to establish its global headquarters to a number of attractive factors, including the city's strategic location as an international center with the highest international levels of infrastructure and logistical facilities, as the company believes that Dubai enhances the benefit of global business opportunities thanks to this strategic location.

She added that the emirate's economy resilience and its ability to withstand crises, as well as its outstanding ability to attract foreign direct investment, and well-thought-out policies for granting visas and other important factors that contributed to its decision to choose Dubai as its headquarters.

the financial sector

The Executive Director of the Dubai Investment Development Corporation, Fahad Al Gergawi, said that the stability and growth of the financial sector is a very important element in supporting and prospering Dubai's economy, which is still at the forefront of Arab cities in the index of international financial centers in the world for the year 2021, while it obtained an advanced position among the top 15 city ​​in the world for the past five years.

He added: "The system of financial markets in the emirate is designed to facilitate the flow of capital and business growth in a way that supports economic development, and makes Dubai an attractive option for obtaining support services that enhance the smooth functioning of the financial sector."

Al Gergawi continued: “Thanks to the focus on developing talent in the sector, and the continuous quest to provide the best services at the global level, working in the financial sector in Dubai gives companies a distinct advantage in terms of prestige and reputation, whether they are working in the field of financial technologies, or developing the foundations for the prosperity and development of their businesses. ».

For his part, CEO and General Manager of Belkesh Associates, Akbar Ghulam Ali, said: “The UAE represents a global hub that gives us unparalleled access to local, regional and international markets, and we are very pleased to establish our global headquarters in Dubai, as it gives us great opportunities during A period in which global economies are experiencing different challenges.”

He added: "Dubai has managed to continue to grow and attract foreign direct investment, in a clear indication of the city's resilience, economy and ability to face challenges.

With proactive policies and forward-looking thinking, Dubai offers the best infrastructure, logistics and business diversification opportunities.”

foreign investment

It is noteworthy that Dubai recorded an exceptional influx of foreign direct investment during the year 2020, as the city received 455 projects with a total value of 24.7 billion dirhams, according to data from the Dubai Monitor for Foreign Direct Investment, which follows the methodology of the Organization for Economic Cooperation and Development in tracking data. Dubai also maintained its global leadership in the ranks of the most prominent foreign direct investment destinations, as it occupied the first three places in the world in attracting new foreign direct investment projects in 2020, and was one of the five most important destinations in the world in terms of attracting foreign direct investment capital, according to data fDi Markets published by the Financial Times.

The new initiatives are expected to contribute to enhancing investor confidence and increasing the flow of foreign direct investments to the city, including allowing foreign ownership of up to 100% of companies, and establishing the Dubai Authority for Integrated Economic Zones, within a new framework to improve services provided to companies and investors in the Dubai Airport Free Zone. Dubai Silicon Oasis and Dubai Commercity, with effect from January 2022.

• The company confirmed that Dubai enhances the benefit of global business opportunities thanks to its location.


• Dubai's ability to attract investments contributed to the company's choice of the emirate as its headquarters.   

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