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CSC Financial Enters DIFC as JD Properties Signs KEZAD Logistics Deal

Beijing-headquartered CSC Financial has received regulatory approval to establish its Middle East hub in the Dubai International Financial Centre. Meanwhile, JD.com's infrastructure arm signed a deal with KEZAD Group to build a 150,000-square-metre automated logistics facility in Abu Dhabi.

Published Source: 36Kr

China Securities (CSC Financial) has secured an operating licence from the Dubai International Financial Centre (DIFC) Authority and regulatory approval from the Dubai Financial Services Authority (DFSA) to set up its regional Middle East hub. According to 36Kr, the Beijing-based investment bank plans to offer capital markets advisory, investment banking, and institutional asset management services aimed at connecting Chinese and Gulf capital.

In Abu Dhabi, JD.com's infrastructure division, JD Properties & Development, entered into an agreement with KEZAD Group to construct a major logistics development. The project will cover 150,000 square metres within KEZAD Zone A.

Completion of the automated logistics hub is targeted for 2028. The facility is projected to create around 1,000 direct operational jobs once commissioned.

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