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Indian legal giant Cyril Amarchand Mangaldas has set up its second international office in the Abu Dhabi Global Market (ADGM) international finance centre in the United Arab Emirates.

 

The office will be led by a team of senior professionals, including some who are in the process of relocating from India and others who are based in the region already, the firm said in a statement. CAM Middle East will offer legal advice focusing on its Indian law expertise on commercial and corporate matters and arbitration.

CAM will be one of the only Indian law firms to venture beyond the already-overcrowded Dubai legal market in the UAE. Dubai has been the recipient of strong Indian law firm traffic last year, as the Middle East’s need for diversification pushes it to increase trade ties with growing Asian markets like India.

CAM managing partner Cyril Shroff said the UAE presented a big opportunity for the firm particularly due to the increasing cooperation between India and the UAE. “Our establishment of presence in the UAE is a part of the firm’s larger strategic view of global practice and the United Arab Emirates as a thriving hub for global business. It shows our commitment to the region and its prospects for collaboration,” he added.

ADGM is the international financial centre of the UAE’s capital city, Abu Dhabi. Located across Al Maryah Island and Al Reem Island, it is one of the largest financial districts in the world with a diverse range of businesses, from sovereign wealth funds, financial institutions, asset management, fintech, corporations and professional services firms.

“Establishment of a presence in ADGM will give further impetus to CAM’s international presence and will be a stepping-stone for CAM in the Middle East region. Increasing investment and expansion of presence of UAE-based entities in India will make CAM their go-to legal service provider for Indian law advice,” the firm said in a statement.

 

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