The head of Paris Europlace said yesterday that the French capital is well positioned to serve investors from the oil-rich Gulf region seeking opportunities in European markets.

“Paris is well positioned to facilitate the access of GCC (Gulf Cooperation Council) investors and issuers to all the opportunities offered by the Euro markets,” said Arnaud de Bresson at a forum in Dubai.

He boasted that the Paris marketplace has been “more resilient in the financial crisis than many other financial centres.”

Mr Bresson was addressing a forum jointly organised with the Dubai International Financial Centre (DIFC), with which the French party had signed a memorandum of understanding in January 2009.

“The MoU that we signed aims at serving these ambitions and at reinforcing cooperation between our two marketplaces,” Mr Bresson said.

The forum, titled “The Dubai-Paris partnership: Facing a Multi-polar World,” is the first to be held under the partnership agreement.

“Enabling open discussions between our jurisdictions is particularly important in the aftermath of the recent global financial crisis,” said Nasser Saidi, the head of external relations at DIFC.

Sign up to our free newsletters

Get the best updates straight to your inbox:
Please select at least one mailing list.

You can unsubscribe at any time by clicking the link in the footer of our emails. We use Mailchimp as our marketing platform. By subscribing, you acknowledge that your information will be transferred to Mailchimp for processing.