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BNY Mellon embarking on ME expansion

ICFA reported today (6/30) that the Bank of New York Mellon will open its first office in the ME in Dubai. The move comes as reports continue to list financial excursions into a region poised for continued, strong growth. Hani Kablawi, managing director and head of Middle East & Africa at The Bank of New York Mellon, said: “The growth potential of this region is significant and The Bank of New York Mellon is well placed to help local and regional financial institutions and institutional investors get better access to the global capital markets.”