Eversheds consolidates in Qatar
Eversheds is strengthening its Middle East operations, parachuting a key London Islamic finance partner into its Qatar office. Amjad Hussain is moving to the office as part of the firm’s wider strategy to strengthen its Islamic finance services by focussing on project and energy work. Eversheds also has offices in Dubai.
Head of Eversheds' Islamic finance group Indraj Mangat said: "The aim is to create a group that spans the core Islamic finance centres, including Malaysia, London and the Middle East. Amjad"s move to Qatar is pivotal to this strategy." The launch of the Qatar Financial Centre (QFC) has encouraged more than 50 international businesses to put down roots in the area. Mangat added, “Developing Islamic finance capabilities in the QFC is important to Eversheds. It's going to become even more important in the coming years, so ensuring our team is up to scratch and has enough of the right people is vital. As well as Dubai, Qatar is very significant in that banks and other businesses have turned their attention to it."
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