Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    China and EU trade chiefs set for Brussels talks

    June 24, 2026

    Argentina advance as Messi breaks World Cup scoring record

    June 23, 2026

    Casim Partners with Tickstar to Deliver Peppol-Accredited eInvoicing Across the UAE

    June 23, 2026
    UAE EzineUAE Ezine
    • Automotive
    • Business
    • Entertainment
    • Health
    • Lifestyle
    • Luxury
    • News
    • Sports
    • Technology
    • Travel
    UAE EzineUAE Ezine
    Home » Ascentium Acquires Clara, Expanding into the Abu Dhabi Global Market (ADGM) and Strengthening its Middle East Presence
    PR Newswire

    Ascentium Acquires Clara, Expanding into the Abu Dhabi Global Market (ADGM) and Strengthening its Middle East Presence

    February 12, 2026
    Facebook Twitter Pinterest LinkedIn Telegram Tumblr Email

    SINGAPORE, Feb. 12, 2026  /PRNewswire/ — Ascentium, a leading global business services platform headquartered in Singapore, has acquired Clara, the largest licensed corporate service provider (CSP) in the Abu Dhabi Global Market (ADGM). This acquisition significantly expands Ascentium’s footprint in the Middle East via Clara’s established presence in ADGM and the Dubai International Financial Centre (DIFC).

    Clara is a critical partner for businesses looking to operate within the UAE’s premier common law financial centres. Clara supports a diverse client base from startups and SMEs to law firms, venture capitalists, investors, accelerators and government-related entities. It is recognised for its regulatory expertise, and reliable delivery across incorporation, governance and ongoing compliance, all backed by its state-of-the-art software application.

    The acquisition supports Ascentium’s plans to expand into key strategic jurisdictions by partnering with established, regulated, values-aligned businesses with strong client propositions. By joining Ascentium, Clara gains access to a global platform, enhanced service capabilities and investment capacity, empowering clients to scale internationally while continuing to uphold the highest regulatory standards in ADGM and DIFC.

    Lennard Yong, Founding Management and Group CEO of Ascentium, commented: “ADGM is an important addition to Ascentium’s global platform, and Clara is the market leader. Their regulatory standing, trusted client relationships and leading technological operating system make them an ideal addition to Ascentium as we continue to expand across the Middle East.”

    Kathryn Burke, Managing Director of Clara, said: “Ascentium has built a platform where people lead and technology enables. By joining Ascentium and aligning with this shared value, we can combine human insight with the power of innovation to help clients navigate increasingly complex, cross-border regulatory environments with confidence, while giving Clara the scale and reach to take our expertise to the next level.”

    (From left to right) Lee McMahon and Patrick Rogers, Co‑Founders of Clara; Ross Munro, Chief Executive Officer of Harneys Fiduciary, An Ascentium Company; and Kathryn Burke, Managing Director of Clara, with Ahmed Arif, Co‑Founder of Clara.

    – END –

    About Ascentium

    Ascentium is a leading global business services platform dedicated to helping businesses and individuals scale greater heights. Headquartered in Singapore, we drive extraordinary growth through expert people, purpose-led technology, and an unwavering commitment to service excellence.

    With over 2,500 professionals across 45 cities in 23 markets globally, we deliver integrated solutions in corporate services, finance and accounting, fund administration, human resources, and fiduciary and trust services. Serving more than 60,000 client entities across diverse industries, Ascentium combines specialised expertise with innovative, technology-enabled solutions to help clients navigate complexity and unlock new opportunities for sustainable growth.

    For more information, visit: ascentium.com

    About Clara

    Clara is a trusted company operating system that offers a digital platform tailored for clients and their advisors to efficiently incorporate and manage their ADGM and DIFC entities. Clara manages approximately 2,000 ADGM and DIFC companies and has been a leader in driving global awareness of the importance of the UAE’s two financial free zones.

    For more information, visit: clara.co

    Ascentium logo

    Photo – https://mma.prnewswire.com/media/2901851/GI4A0205.jpg
    Logo – https://mma.prnewswire.com/media/2509528/ascentium_Logo.jpg

    Cision View original content:https://www.prnewswire.co.uk/news-releases/ascentium-acquires-clara-expanding-into-the-abu-dhabi-global-market-adgm-and-strengthening-its-middle-east-presence-302684969.html

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Casim Partners with Tickstar to Deliver Peppol-Accredited eInvoicing Across the UAE

    June 23, 2026

    GAC Rolls Out “Hong Kong ACTION 2.0” and Premieres the E9 Premium, Leading an All-Star Fleet at the 2026 Hong Kong International Auto Expo and Accelerating Global Expansion

    June 22, 2026

    Optro Accelerates Global Growth with Singapore Hub, Delivering Agentic GRC to APAC Enterprises

    June 22, 2026

    StarCompliance and Kalshi Launch First Enterprise-Grade Global Prediction Market Compliance Solution

    June 17, 2026

    Tamas Szabo on Pepperstone’s Competitive Mindset and the Power of F1

    June 16, 2026

    Starvia Automotive Highlights Key Sourcing Checklist for Middle East Buyers Importing Chinese New Energy Vehicles

    June 9, 2026
    Latest News

    China and EU trade chiefs set for Brussels talks

    June 24, 2026

    Argentina advance as Messi breaks World Cup scoring record

    June 23, 2026

    Egypt claims historic World Cup win over New Zealand

    June 22, 2026

    Japan’s Nikkei 225 clears 72,000 in record Tokyo rally

    June 22, 2026

    Japan widens AI risk cooperation in updated safety plan

    June 22, 2026

    US beats Australia to reach World Cup Round of 32

    June 20, 2026

    Emirates adds four weekly Dubai Accra flights

    June 20, 2026

    China activates flood response across five provinces

    June 19, 2026

    Congo Ebola cases rise as outbreak widens

    June 19, 2026
    © 2026 UAE Ezine | All Rights Reserved
    • Home
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.