Jersey Finance, the representative body for the finance industry in the British Channel Island of Jersey, opened its regional office for the Gulf Co-operation Council and India in Abu Dhabi today.

To coincide with the opening of the office, the island’s Deputy Chief Minister and Treasury Minister, Senator Philip Ozouf, arrived in Abu Dhabi on Saturday 19th March, on a three-day visit, leading a delegation of government and finance industry officials.

"Jersey Finance’s new office in Abu Dhabi will serve to support the growth of the UAE’s finance sector and will help to develop broader connections between our two nations," said Senator Ozouf. "Both Jersey and the UAE have growing reputations as world-class international finance centres. Abu Dhabi can serve as a critical hub through which Jersey can continue to develop its relationships throughout the region." "The Government of Jersey," he added, "hopes that the opening of this office will not only help to deepen the relationship that already exists between our finance industries, but also to broaden that relationship, spreading across a variety of economic sectors and also building links between the people of our two countries." Ozouf and his delegation met today with officials at the UAE Central Bank to discuss the expansion of collaboration in banking regulation and are expected to meet tomorrow with senior officials of the Ministry of Foreign Trade and the Abu Dhabi Tourism Authority.

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