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Attijariwafa bank secures license to operate from DIFC

Attijariwafa bank Middle East, the subsidiary of Attijariwafa bank Group, has secured a Category 4 License to operate from the Dubai International Financial Centre (DIFC) as a Dubai Financial Services Authority (DFSA) authorized and regulated entity.

Morocco-based Attijariwafa bank Group has an international dimension with a presence in 23 countries worldwide and operates in 12 countries through fully-controlled licensed local banks and subsidiaries.

Attijariwafa bank Middle East senior executive officer and managing director Omar Ben Hallam said that the bank will benefit from the unrivaled platform of the Group to provide strategic advisory services to clients seeking to get or increase exposure to one of their growing markets.

"The team will leverage on local market knowledge and expertise to offer M&A advisory, capital markets and restructuring services," added Hallam.