UK-based 79th Group family-owned business makes foray into UAE

UK-based 79th Group family-owned business makes foray into UAE

The UAE has become a major international hub for business as a result of its tax environment and history of having strong regulation, said Dave Webster, chairman of 79th Group.

“The UAE’s ease of doing business policy is attractive for a company like ours as we look to provide assurance to our investors by being positioned in the world’s leading jurisdictions. At the core of our operations is our customer service, we pride ourselves and being available to provide an industry-leading customer experience for all of our investors. As we continue to grow and expand our operations globally, we felt it was important to introduce a new office base in the Middle East so that we can connect with our overseas investors and provide a leading standard of customer service to both our domestic and overseas investors,” said Webster.

“After 30 years in real estate and over 10 years in exploring and sourcing mining concessions, we have been able to identify recurring patterns within the local and international economies, which has enabled our model of purchasing undervalued distressed assets and using our expertise to add value to each of these assets.”

The UK-based 79th Group is an asset management company founded by Webster