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.
China Securities (CSC Financial) has received an operational licence from the Dubai International Financial Centre and authorization from the Dubai Financial Services Authority. The Beijing-headquartered brokerage will provide investment banking, capital markets, and asset management services to bridge Chinese and Gulf capital. In parallel, JD Properties partnered with KEZAD Group to construct a 150,000-square-meter logistics facility in Abu Dhabi.
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