United Arab Emirates
History and Growth
Our new office in Dubai commenced operations on March 11, 2007.
As part of the development of our franchise in the Middle East, Goldman Sachs received a license from the Dubai Financial Services Authority (DFSA) in September 2006. We have had a team in Dubai since then. Having a strong presence on the ground has already proved successful. The firm recently signed a Memorandum of Understanding with NCB Capital, a subsidiary of The National Commercial Bank (NCB) of Saudi Arabia, to pursue a broad strategic relationship and financial investment.