Daffodil Computers Limited has informed that it is making a strategic investment in establishing a branch 'Daffodil Global' in Dubai, United Arab Emirates. This investment has received regulatory approval from the Bangladesh Bank for fund transfer to support this expansion. The initiative, christened "Daffodil Global", is designed to be their gateway to the Middle Eastern market and, by extension, to additional international markets.

Based in Dubai, Daffodil Global will serve as a strategic outpost for enhancing their brand visibility through participation in international events and direct communication with global buyers. While the financial investment will focus primarily on the setup of this new entity, their Bangladesh office will continue to oversee core operational tasks such as communication, business setup services, and software development. In essence, Daffodil Global will specialize in business communication and the sales aspects of their software and services.

The pertinent details of this investment are as follows: Investment Purpose: The investment aims to set up a Daffodil Computers branch "Daffodil Global," in Dubai, catering to the growing IT industry in the Middle East and positioning the company as a global IT solutions provider. Funding Details: The funding for this initiative has been approved by the Bangladesh Bank, and the necessary arrangements for the fund transfer have been made in accordance with all applicable regulations and guidelines. Strategic Significance: The Dubai branch "Daffodil Global," will contribute to revenue diversification and enhance Daffodil Computers' competitiveness in the global IT market.