Investment banking is one of the most lucrative business sectors in Dubai. The traditional business mindset in the Middle East has shifted to areas like IT, retail, and banking. This has made Dubai one of the most financially attractive cities in the world. This has led to the growth of a thriving investment banking sector in the city.
HSBC Investment Banking Dubai is a new subsidiary of the bank that is based in the UAE. The firm has been operating in the Middle East since 1975, but its activities have been low-key. This new operation, which will employ 18 people, will provide a range of investment banking services. Its chief executive officer is Mukhtar Hussain, who has been based in the UAE for two years and was previously with HSBC subsidiary Samuel Montagu & Company.
HSBC has one of the largest regional presences with over 350 branches in the UAE and over 9,500 employees. The bank will mark 75 years in Dubai in 2021 and has ambitious plans for its presence in the country. In addition to its award-winning capabilities in international markets, HSBC has market-leading capabilities in commercial banking, payments and transactions, and personal banking.
The company’s UAE operations cover several countries, including the United Arab Emirates, ALGERIA, EGYPT, KUWAIT, OMAN, SAUDI ARABIA, and TURKEY. It also owns a 51% stake in HSBC SAUDI ARABIA.
The main service offered by investment banks in Dubai is private placements, which bring together sophisticated investors with companies looking to raise capital. These investors understand the risks and rewards of the transactions and are able to raise the capital they need in a shorter timeframe. Investment banks in Dubai also provide customized financial services and structured investments.
Emirates Investment Bank
Emirates Investment Bank is a Dubai-based independent private bank. Its focus is on providing comprehensive banking and investment services to high-net-worth individuals and institutions. The bank offers bespoke solutions across the full spectrum of private banking and provides clients with access to global markets, asset management, and daily banking services. While the bank was initially set up to serve a narrow clientele, today it offers a broader range of products and services.
The bank’s Chief Executive Officer, Gaurav Shah, comes with 25 years of experience in the financial services industry. Prior to joining the bank, he spent nine years with Al Rajhi Capital. He has a background in asset management, wealth management, and investment banking. In his role as CEO, Shah is responsible for directing the bank’s international expansion.
Dalma Capital Investment Banking Dubai focuses on alternative investments such as hedge funds, private equity, and private debt. It advises institutional clients on innovative financial products and strategies aimed at generating Alpha. In addition to investment banking services, Dalma also acts as an accelerator for alternative investment funds.
The firm is authorized by the Dubai Financial Services Authority and operates under a prudential category 3c license. Its CEO, David Gibson Moore, previously worked at LGT Bank, a private investment bank owned by the Princely family of Liechtenstein. He also served as the chief executive officer of Robeco Group’s regional office in Bahrain and managed its institutional asset management business in the Middle East.
Dalma Capital invests in companies and projects based on their merits and creates de-risked investment structures for them. These structures may involve collateral, insurance, or banking instruments. This approach enables them to provide financing for the most challenging projects. Without the right capital, a company may not be able to expand or take advantage of opportunities.
Dalma Capital has a growing reputation as a leading alternative investment management platform. It also has strong investment banking capabilities and is one of the largest independent financial services firms in Dubai’s DIFC. It has expanded its portfolio into alternative investments, private debt, and digital assets. It also operates a fund incubator and accelerator platform for emerging fund managers.
As a result of this investigation, the DFSA imposed a fine against Dalma, Cefaratti, and the company that employs him. These fines were imposed because Dalma failed to conduct its business activities with due care. In addition, Dalma failed to disclose information to DFSA and provided false, misleading, and deceptive information to the agency.
Shuaa Capital PSC is a leading asset management and investment banking platform with offices throughout the Middle East and the United Kingdom. The company offers a broad range of investment services to individuals, governments, corporations, and family businesses. The firm’s investment banking services are geared toward helping clients maximize their profits.
In the first nine months of the year, Shuaa posted a 40 percent increase in net profit. The firm also posted stable revenues and an excellent performance of its public markets fund. The company has a long history of helping individuals and businesses make money in the Middle East. Shuaa Capital’s recent successes include the listing of Anghami on the Nasdaq, and managing a $50 million structured sukuk for Pure Harvest Smart Farms.
Shuaa Capital’s recent acquisition of Souqalmal is aimed at accelerating the growth of the Dubai-based personal finance platform. The investment will provide growth capital to the company and will allow it to expand its services to individuals, such as financial education. Souqalmal’s CEO Ambareen Musa will continue to run the company.
Shuaa’s strategy for property investment in the UK market has proved successful and it plans to deliver GBP two billion worth of property projects in London, through its wholly owned subsidiary Northacre. It is developing two London property projects, No.1 Palace Street and The Broadway. Both will be finished by 2022. The Group’s portfolio is estimated to reach USD 6.5 billion by the start of 2023.
Allied Investment Partners
Al Hail, a leading investment bank headquartered in Abu Dhabi, has acquired the assets and wealth management firm Allied Investment Partners in Dubai. While the financial terms of the deal have not been released, Allied Investment Partners offers a range of investment services including wealth management, alternative investments, corporate finance, and investment banking advisory. The firm has a diversified portfolio across sectors and investment funds, including healthcare, real estate, technology, and energy.
Allied Investment Partners was founded in 2007 and is licensed by the Securities and Commodities Authority of the United Arab Emirates. The company provides a variety of investment solutions, asset management, wealth management, custody, and research services to meet the financial needs of global clients. The firm is in the process of developing new products to address market demand for liquid, unique, and safe investments.