he ABK Capital DIFC is a subsidiary of ABK Capital newly established in the Dubai International Financial Centre (DIFC). Now, it has announced a landmark collaboration with LGT Bank (Switzerland) Ltd. Moreover, this partnership is another milestone in the mission of ABK Capital to expand its international footprint and deliver world-class investment to the client in the United Arab Emirates (UAE) and beyond.
ABK Capital DIFC: A Step Towards Global Expansion
The announcement is a part of the broader strategy of ABK Capital to create a “preferred business partnership” with a global institution. However, it already has an existing alliance with Blackstone and BlackRock. Now, the addition of LGT Bank Switzerland further boosts the access of firms to the international markets, Swiss private banking expertise, and innovative investment solutions.
Dr Abdulaziz Jawad, Chairman of ABK Capital-Kuwait, highlighted the importance of this expansion. Hence, he said, “The establishment of the ABK DIFC Capital is a base of our regional strategy. This collaboration with the LGT Bank is going to enrich the investment opportunity of our customers by giving access to the global platforms and premium private bank service”.
Benefits for Clients in the UAE
Through this collaboration, ABK Capital DIFC is going to manage the client investment accounts with the partner banks. Hence, it will grant investors access to LGT’s global infrastructure, custody services, and product platforms.
Moreover, clients will also benefit from CHF 350 billion operations across over 30 locations throughout the globe. Hence, LGT Group brings a strong reputation due to its 90-year heritage under the Liechtenstein Princely Family.
Dr Jawad highlighted that the partnership is going to boost the quality and scope of the offering of the ABK Capital DIFC. Hence, it ensures clients in the UAE get access to diversified and high-performing investment solutions created to meet the evolving market needs.
Vision for the Future
Sherif ElRafie, CEO of ABK Capital, highlighted the dedication of the firm to global integration. Hence, he said, “This Partnership matches directly our vision to deliver the top-tier investment services and global reach to our clients. By using our partner’s strength, we can give differentiated solutions that match international standards.”
The launch of ABK Capital DIFC is a key enabler of growth. Hence, it supports the focus of the firm on strategic partnerships, innovation, and talent development. Moreover, the firm is positioning itself as the leading investment house created to deliver sustainable values through these collaborations.
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