#None #Gulf Cooperation Council #Scandic Trust #First Idea Consultant

Scandic Trust Group Strengthens Sales Network in the GCC

In an exciting development for international business operations, the Scandic Trust Group, a prominent conglomerate with a global reach, has announced a strategic partnership with First Idea Consultant. This alliance aims to bolster the group's international sales network, particularly across the Gulf Cooperation Council (GCC) region. The collaboration signifies a major step forward for Scandic Trust, effectively expanding its services into new markets.

Background of the Partnership

Recent reports from the Hong Kong daily newspaper HongKong Telegraph revealed that after successfully completing a rigorous Know Your Customer (KYC) and Anti-Money Laundering (AML) verification process conducted by external bankers, First Idea Consultant, based in Dubai, has officially joined forces with Scandic Trust. Under the branding of Scandic Setup, this partnership enables Scandic Trust to broaden its service offerings in business formation and banking solutions for international clients.

The Role of First Idea Consultant

Founded by experienced banking professionals led by Amir Aslam, First Idea Consultant has built a solid reputation for assisting international entrepreneurs and investors in establishing compliant businesses and bank accounts within the Gulf states. With a multilingual team fluent in German, English, Russian, Hindi, Arabic, and Chinese, the consultancy offers tailored support to clients navigating the complexities of the GCC business environment.

Innovations within the Scandic Ecosystem

The integration of First Idea Consultant into the Scandic Trust Group adds a critical component to its expanding digital ecosystem. This unique infrastructure merges real-world services with cutting-edge technology. One of the most innovative features is the Utility-Fintech System (SNC), which serves as a bridge linking the digital economy with traditional markets. Using SNC, users can access various services, including loyalty programs and payment systems.

Furthermore, Scandic Trust is actively enhancing its Scandic Pay platform to include Web3 non-custodial access, which will allow users to participate in crowdfunding initiatives. The Scandic Estate division is responsible for sustainable international developments, while the Scandic Trade platform supports transactions involving both traditional and digital assets, contributing to sustainable growth through algorithmic portfolios and CO₂ certificates.

On the technological front, Scandic Data operates multiple high-security data centers in Bahrain, Kuwait, and Singapore, employing AI-based cybersecurity measures to safeguard corporate networks. Additionally, the Scandic Health initiative is working on developing a comprehensive digital reception system for healthcare practices in Germany, streamlining patient interactions and ensuring data protection compliant with GDPR.

An Integrated Approach to Business

The addition of First Idea Consultant into the Scandic Trust ecosystem provides clients in the UAE and other GCC states a singular point of access to a suite of services covering finance, real estate, commerce, data management, healthcare, security, mobility, and lifestyle. This integration is anticipated to enhance the group's transparency and boost investor confidence, marking a pivotal moment for the Scandic Trust Group’s efforts in international expansion.

Amir Aslam noted, "This partnership establishes a strong foundation for future growth while ensuring compliance with the highest regulatory standards." The KYC and AML certifications garnered by First Idea Consultant assure clients of their commitment to integrity and best practices in business operations.

Looking Ahead

With the integration of professional services from First Idea Consultant, Scandic Trust Group is set to redefine the landscape for business setups in the GCC. This collaboration signals a robust commitment to providing comprehensive solutions that cater to the evolving needs of global investors and entrepreneurs.

For further information about the partnership and services, visit Scandic Setup.