Davies expands operations and increases investment in Middle East
17 April 2025 Qatar
Image: MSM/stock.adobe.com
Davies has opened its first office in Qatar, as the fintech firm further expands its operations into the Middle East.
The new office in Doha will become the company’s second hub in the region, joining a forensic accounting office based in Dubai.
Ashley Sheen, chief strategy officer at Davies, comments: “The new office in Doha, Qatar, cements our presence in the Middle East as we continue to invest in the region to provide local, nuanced expertise for our global and regional clients.”
Clients will now have access to Davies’ consulting and technology solutions with local experts based in Doha, applying global market knowledge across insurance, capital markets, asset and wealth management, as well as retail finance and corporate banking.
Ricky Maloney, Qatar country executive and head of the Gulf Cooperation Council (GCC) region at Davies, will head the new office.
He says: “We’ve had the honour of contributing to the development of the financial services sector in Qatar since 2021.
“With the opening of our new offices, we plan to build on this success, strengthening existing relationships and developing new partnerships across the banking, financial market infrastructure, and regulatory sectors.”
Earlier this year, Davies announced increased investment in its technology and AI offering, with the aim to grow annual global revenues to £2.5-3 billion over the next five years, as part of its Vision 2030 strategy.
The new office in Doha will become the company’s second hub in the region, joining a forensic accounting office based in Dubai.
Ashley Sheen, chief strategy officer at Davies, comments: “The new office in Doha, Qatar, cements our presence in the Middle East as we continue to invest in the region to provide local, nuanced expertise for our global and regional clients.”
Clients will now have access to Davies’ consulting and technology solutions with local experts based in Doha, applying global market knowledge across insurance, capital markets, asset and wealth management, as well as retail finance and corporate banking.
Ricky Maloney, Qatar country executive and head of the Gulf Cooperation Council (GCC) region at Davies, will head the new office.
He says: “We’ve had the honour of contributing to the development of the financial services sector in Qatar since 2021.
“With the opening of our new offices, we plan to build on this success, strengthening existing relationships and developing new partnerships across the banking, financial market infrastructure, and regulatory sectors.”
Earlier this year, Davies announced increased investment in its technology and AI offering, with the aim to grow annual global revenues to £2.5-3 billion over the next five years, as part of its Vision 2030 strategy.
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