Cantor Expands Middle East Presence With ADGM Office

Cantor expands Middle East ADGM operations by opening a new office in Abu Dhabi Global Market, reinforcing its strategic focus on growing regional presence and supporting clients across the Gulf. The expansion represents a key milestone in Cantor’s global growth strategy and demonstrates its commitment to deepening relationships with Middle Eastern clients.

Moreover, Cantor has secured in-principle approval for a Financial Services Permission to conduct regulated activities in or from ADGM, a milestone that enables the firm to advance its operations in the region. Through this expansion, Cantor aims to deepen its engagement across the Middle East while positioning itself closer to one of the world’s fastest-growing capital markets hubs. At the same time, the new office demonstrates the firm’s long-term commitment to serving institutional and corporate clients seeking access to global capital and advisory expertise. 

Cantor Expands Middle East Presence With ADGM Office

Earlier this year, Cantor appointed Ali Khalpey as Head of Middle East, Investment Banking and Capital Markets, and he now leads the firm’s Gulf expansion. Khalpey joined from EFG Hermes, where he served as Head of Equity Capital Markets, and he brings extensive regional experience in transaction execution and client development. Sage Kelly, Co-Chief Executive Officer and Global Head of Investment Banking at Cantor, highlighted the importance of the move, stating, “The Middle East is a key growth market for Cantor as we continue to expand our global investment banking and capital markets platform.”

He further added, “As we expand into Abu Dhabi, we are bringing the same long-term, talent-driven approach that has guided Cantor for decades, and with Ali’s leadership, we are well positioned to capture opportunities across the Gulf.” Similarly, Khalpey emphasized the strategic rationale behind the decision, saying, “The Gulf is one of the most active markets globally for IPOs and capital formation, and we hope to contribute meaningfully to the continued growth of regional capital markets.” He also noted, “ADGM has become a major hub connecting regional and international capital, and our presence here allows us to better serve clients seeking diversification and global reach.”

 ADGM officials also welcomed the development. Arvind Ramamurthy, Chief Market Development Officer at ADGM, said, ‘Cantor’s decision to join ADGM highlights Abu Dhabi’s growing importance as a base for global financial institutions.’ Cantor expects to receive final regulatory approval in the first quarter of 2026, after which the new Abu Dhabi office will begin full operations.

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