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Goldman Sachs International Licensed To Establish An Office At Dubai International Financial Centre

Date 08/08/2006

Goldman Sachs International is pleased to announce that it has been granted a license by the Dubai Financial Services Authority to operate as an authorised firm in the Dubai International Finance Centre (“DIFC”).

Wasim Younan, Managing Director and CEO of Goldman Sachs in the Middle East and North Africa said:
“We are delighted to have received our license from the Dubai Financial Services Authority and intend to expand our business in the region immediately. This step is further evidence of our continued commitment to support the growth and expansion of our clients' interests in the Middle East”.

HE Dr. Omar Bin Sulaiman, Governor, DIFC, said:
“Goldman Sachs’ renowned expertise in the provision of wholesale banking products and services will bring significant value to public and private sector entities in the region. We look forward to seeing its contribution to the regional corporate sector and financial markets in the years to come”.

Goldman Sachs intends to offer a comprehensive range of services to its clients in the region.