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WAVTEQ announces expansion into Dubai

WAVTEQ has announced its first GCC office in Dubai. The new office will be operational by the end of 2018 and is based in Dubai Airport Free Zone.

The new office will manage WAVTEQ's business development and consulting activities for the Gulf region. The office will provide outbound and inbound FDI and trade development services for our clients in GCC and globally adding to our network of 15 offices in key business hubs globally. The location in the Dubai Airport Free Zone provides optimal international accessibility and the highest quality business facilities and support services for our team and clients as well as direct access to a huge cluster of over 1,600 existing businesses in the Zone.

Dr. Henry Loewendahl, CEO of WAVTEQ, announced the opening of the new office at the Dubai Investment Week and commented that:

"Dubai is the gateway to the GCC region and dominates FDI inbound and outbound flows. Our recently published City FDI Performance Index ranked Dubai number one in the world in terms of its performance in attracting foreign investors. We are delighted to be able to add to these numbers. Dubai is also the 13th major city in the world for outbound FDI. Our partnerships with Dubai FDI and Dubai Airport Free Zone Authority have demonstrated how Dubai is at the forefront of economic development and the adoption of new technologies not just in GCC but worldwide. Dubai's commitment to sustainable development is also one of the key reasons why we are investing in Dubai. We look forward to contributing to Dubai's success and sustainable development across the region."

Fahad Al Gergawi, Chief Executive Officer, Dubai Investment Development Authority (DUBAI FDI) said:

"WAVTEQ is a pioneer firm in the FDI industry offering bespoke services and innovative technology solutions. Dubai FDI are glad to welcome WAVTEQ's Gulf Headquarters in Dubai and look forward to support the company's future growth and expansion into regional markets."

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About WAVTEQ

WAVTEQ is rapidly growing FDI data, lead generation, and consulting company. We aim to be the leading provider of solutions for the foreign direct investment (FDI) market.