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Fund services news

IQ-EQ granted corporate services licence in the ADGM


30 October 2024 UAE
Reporter: Jack McRae

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Image: stock.adobe.com/peopleimages.com
IQ-EQ has been granted a licence to offer corporate services in the Abu Dhabi Global Market (ADGM).

The licence allows IQ-EQ to service fund and asset managers and corporate communities in the Middle East market.

Tariq Nakhooda, UAE country head for IQ-EQ, says: “Securing this corporate services licence underscores our commitment to Abu Dhabi’s dynamic financial landscape. We’re excited to further contribute to its growth and to strengthen our partnerships within this leading business hub.”

Arvind Ramamurthy, chief market development officer for ADGM, comments: “[IQ-EQ’s] new corporate services licence aligns with our strategic vision and reinforces ADGM's role as a gateway for international investors. IQ-EQ's commitment to expanding their services here will further enhance our vibrant ecosystem, allowing us to better meet the evolving needs of fund managers and corporate clients alike.”
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