UBS today announced the opening of its Advisory Office in Abu Dhabi.
Located at ADGM, it is the second presence in the United Arab Emirates (UAE). This step marks a major milestone in UBS’s long-term commitment to the Middle East and its clients across the region.
The new office, established through a branch of UBS AG, reflects UBS’s strategic vision to further expand its footprint in one of the world’s most dynamic and fastest-growing financial and wealth hubs.
Abu Dhabi, the capital of the UAE, is recognized as a leading center of investment wealth in the region. It has quickly become a preferred destination for ultra-high-net-worth individuals, corporates, investors such as sovereign wealth funds and family offices, seeking sophisticated financial solutions and trusted advisory services in the region’s growing ecosystem.
Beatriz Martin, President of UBS EMEA, said:
“Our new office in ADGM marks an exciting milestone for UBS and our clients in the region, enhancing the significant opportunities we see in this dynamic market and deepening our partnership with Abu Dhabi. UBS’s global connectivity and strong capabilities enable us to serve complex clients and offer end-to-end solutions to clients in Abu Dhabi and across the area.”
Christl Novakovic, head of UBS Global Wealth Management EMEA, added:
“The Middle East is a region of exceptional growth and opportunity. The opening of our Advisory Office in ADGM is a testament to our deep-rooted belief in the region’s potential and our unwavering commitment to our clients here. We are proud to be a part of their journey and contribute to the UAE’s financial ecosystem.”
Arvind Ramamurthy, Chief Market Development Officer at ADGM, said:
“We are delighted to welcome UBS to ADGM. Their presence underlines ADGM’s position as a leading hub for global wealth management and family office. ADGM provides an ideal platform for companies like UBS to connect with regional and international investors, while contributing to Abu Dhabi’s vision as a leading global financial hub.”
Niels Zilkens, Head Wealth Management Middle East, said:
“Our presence in Abu Dhabi is a natural extension of our longstanding presence in the region. This new office allows us to be closer to our clients, offering them seamless access to UBS’s global capabilities by providing locally tailored solutions.”
UBS AG, Abu Dhabi Branch, will advise clients directly from ADGM, with assets committed in Switzerland, leveraging UBS’s global franchise and product capabilities.