
UAE investment house opens Hong Kong branch
Asiya Investments Hong Kong, Ltd to build Asiya investments in public markets.
The branch will also focus on direct investments across Emerging Asia. Its parent firm, Asiya Investments, is an investment firm focused entirely on Emerging Asia, and acts as a bridge for investments.
Asiya Investments Hong Kong is licensed and regulated by the Securities & Futures Commission to carry Type 4 (Advising on Securities) and Type 9 (Asset Management) activities.
Asiya’s opening of a permanent presence in Hong Kong responds to a growing demand from Gulf Cooperation Council investors for more direct access to Emerging Asia's growth opportunities. Emerging Asia today accounts for over 20% of the world's GDP and 35% of the growth in the global economy.
Asiya Hong Kong is managed by two Executive Directors, Sulaiman Alireza and Dan Xystus. Alireza leads the Direct Investments and Joint Ventures practice while Xystus leads the Gulf Cooperation Council Public Equity investments.
Ahmad Al-Hamad, Group Managing Director of Asiya Investments, said Asiya is really excited about this move, which it has been working on since it established Asiya Investments Dubai last year.
“What this move does for us is build upon the solid foundations we've established over the past eight years. Since 2005, we have steadily built a strong presence in Asia through our partners and the investments we've made, which total over US$500 million,” he said.