TP ICAP Triples Dubai Office Space in Middle East Expansion

Global market infrastructure provider TP ICAP Group has significantly expanded its Middle East presence with a new office in Dubai's International Financial Centre (DIFC), tripling its regional footprint as it responds to growing client demand.

The new office, located in Central Park Towers, will serve as a hub for the firm's MENA operations, housing its key brands including ICAP, Tullett Prebon, PVM, Parameta Solutions, and COEX. The expansion reflects Dubai's growing importance as a strategic financial centre bridging Asian and Middle Eastern markets.

Christophe Moser, Managing Director and Head of Dubai, said: "At TP ICAP we put our clients first, being closer to them, understanding their needs and the landscape in which they operate, enables us to anticipate how we can best serve them in the future. This expansion in the DIFC, one of the world's premier and fastest growing financial hubs, underscores the Group's vision of delivering industry-leading liquidity and data solutions, broadening its market reach in a pivotal and high-growth region."

The move comes as more financial institutions establish operations in the UAE and wider region. TP ICAP's Dubai operation, which is regulated by the Dubai Financial Services Authority as a Category 3A firm, will provide local access to the group's broking services and market data solutions.

The firm, which operates from more than 60 offices across 28 countries, provides market infrastructure services across financial, energy and commodities markets globally.