Aon Opens Dubai Headquarters

June 23, 2008

Aon’s Middle East unit announced the opening of its regional headquarters in the Dubai International Finance Center (DIFC), following the issuance of a full license to operate within the Center.

Aon has operational offices in the UAE (Dubai, Sharjah, Abu Dhabi), Saudi Arabia (Riyadh, Jeddah, Al Khobar), Bahrain and Oman (Muscat, Salalah) and developing offices in Kuwait and Qatar.

“The new regional headquarters in the DIFC will provide clients with expert advice, as well as innovative products,” said Aon. “It will also allow clients to link into the worldwide Aon network across 120 countries, combining global presence with specific country expertise that can facilitate the most complex of cross-border transactions.”

The bulletin also noted the rapid growth in the Gulf States, who form the Gulf Cooperation Council (GCC). According to Aon, “a total of $1.25 trillion of public and private projects are either being planned or are already in development in the GCC.”

Latif AlRayes, Chairman of Aon’s Middle East operations, commented: “We are very pleased to have received our DIFC license and with the free zone fast moving towards its goal of becoming the fourth major world financial hub, it make sense for us to locate our regional headquarters here.”

Source: Aon – www.aon.com

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