15 Best Investment Banks In Dubai for Residents & Expats - Rasmal (2024)

Dubai has become a crucial hub for the region, flaunting a strong and lively financial scene. Thanks to its strategic location, top-notch infrastructure, and business-friendly atmosphere, the city has become a magnet for investors and businesses. Serving as the economic heart of the Middle East, Dubai is experiencing remarkable growth and diversity, establishing itself as a major player in the financial domain.

This growth has sparked a noticeable increase in the demand for investment banking services from both residents and expats. Dubai’s diverse population and thriving business community have given rise to various investment needs, spanning from participating in capital markets to managing assets. This growing demand emphasizes the need for a detailed guide to the best investment banks in Dubai.

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The core objective of this article is to fulfil this need by providing a carefully crafted list of the top 15 investment banks in Dubai. Recognizing the diverse financial requirements of residents and expats, the article will explore the strengths, services, and unique features of each bank. This information aims to empower readers, helping them make well-informed decisions that align with their individual investment goals in this flourishing financial hub.

List of 15 Best Investment Banks In Dubai

The top 15 investment banks in Dubai beckon with a diverse array of financial services and investment opportunities. Within this dynamic business hub, discover expert advisory services and bespoke solutions perfectly aligned with your financial aspirations.

These leading investment banks provide a gateway to a wealth of possibilities, offering a comprehensive range of services to optimize and navigate your investment journey in the thriving landscape of Dubai.

1. Credence Secure

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Details

Websitecredencesecure.com
Address501, Boulevard Plaza Tower 2, P.O. Box 392349, Downtown Dubai, United Arab Emirates
Contact Number+971 45 294 175
Email Idinfo@credencesecure.com, support@credencesecure.com

Credence Secure Limited, a leading online trading platform in Dubai, is dedicated to providing an unparalleled trading experience. Specializing in Foreign Exchange (Forex or FX) and Contracts for Difference (CFDs), they strive to make financial goals a reality for their clients.

With a team of top-tier brokers and a commitment to offering value for money, Credence Secure Limited stands out by providing state-of-the-art financial instruments, personalized insights into trending markets, and support from industry-leading experts. Their highly qualified team ensures professional customer service, making them the ideal financial trading partner for those seeking rewarding and seamless experiences in the dynamic world of finance in Dubai.

2. Moelis & Company

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Details

Websitemoelis.com
AddressGate Village 1 Suite 202-205 Level 2 – Dubai, United Arab Emirates
Contact Number+971 4 304 5000
Email IdNA

The capital markets of Moelis are well-known for their expertise in structuring and executing customized financing solutions. They provide unparalleled advisory services across a range of public and private equity and debt transactions. The team focuses on meeting diverse client needs and excels in crafting tailored solutions for refinancings, growth capital, secondary liquidity, buyouts, platform formation, liquidity enhancement, capital structure optimization, and project financing.

Their independence and objectivity, combined with established institutional buy-side relationships, shape comprehensive market views and enhance the precision and quality of their transaction execution. This solidifies Moelis’ position as a trusted partner in Dubai’s dynamic financial landscape.

3. Rusd Capital

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Details

Websiterusdcapital.com
Address206, Liberty House, DIFC, Dubai, P.O. Box 506972 United Arab Emirates
Contact Number+971 4 355 0049
Email Idrcinfo@RusdCapital.com

Rusd Capital, a trailblazing Islamic investment firm, has received regulatory approval from the Dubai Financial Services Authority (DFSA) to introduce profit-sharing investment accounts (PSIAs). The firm provides a comprehensive range of services, including asset management, corporate advisory, private equity ventures, and capital restructuring.

Rusd Capital specializes in assisting both startups and established enterprises, excelling in raising investment capital and delivering cutting-edge corporate finance capabilities. The firm’s adept management consulting services encompass the development of feasibility studies, the creation of business plans, and the formulation of corporate strategies tailored to the unique needs of its clients.

Rusd Capital also offers wealth management services that range from establishing family offices to providing discretionary mandates and alternative investment structuring. The firm is unwavering in its commitment to generating consistent investment returns aligned with the return-risk objectives of its clients.

4. SNB Capital (DIFC) Limited

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Details

Websitedfsa.ae
AddressUnit GD-GB-00-06-OF-W1, Level 6, Gate Building, DIFC, PO Box 124620, Dubai, United Arab Emirates
Contact Number+971 4 388 8090
Fax Number+971 4 388 8091

SNB Capital (DIFC) Limited is a distinguished financial service provider offering a comprehensive range of services. Specializing in arranging and advising on credit, the company is a trusted entity in the financial landscape. Its expertise extends to managing collective investment funds, providing efficient fund administration, and delivering reliable custody services.

SNB Capital also excels in asset management, ensuring strategic and prudent handling of diverse portfolios. As a reputable player in the market, the firm engages in dealing and arranging investments as an agent, coupled with expert advice on financial products. With a commitment to excellence, SNB Capital (DIFC) Limited stands as a key player in Dubai’s financial sector, providing tailored solutions to meet the diverse needs of its clients.

5. Awad Capital Ltd.

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Details

Websiteawadcapital.com
AddressDubai International Financial Centre, Emirates Financial Towers, South Tower, Office 2401, P.O. Box: 506959, Dubai, United Arab Emirates
Contact Number+971 4325 4662
Email IdNA

Awad Capital Ltd. is a premier financial advisory firm that seamlessly integrates unparalleled advice, technical proficiency, and an expansive global network to assist clients in achieving their strategic goals. Specializing in a spectrum of transactions such as mergers, acquisitions, business sales, and divestitures, the firm offers comprehensive financial guidance and execution services.

With a focus on both regional and cross-border initiatives, Awad Capital Ltd. is the go-to partner for companies contemplating the sale or purchase of businesses. Clients benefit from the firm’s profound insights and adept execution expertise, ensuring a tailored approach to realizing their objectives in the dynamic business landscape of Dubai and beyond.

6. Hauberk Capital

Details

Websitehauberkcapital.com
AddressAl Sila Tower, ADGM Square, Al Maryah Island, Abu Dhabi, P.O. Box: 764648, United Arab Emirates
Contact Number+971 4 5182591, +971 4 5182592
Email Idinfo@hauberkcapital.com

Hauberk Capital, operating as an esteemed external Wealth Advisory firm in Dubai, specializes in catering to the unique needs of High-Net-Worth Individuals, Family Offices, and Endowments. Embracing a comprehensive wealth management approach, Hauberk Capital is committed to overseeing every facet of the wealth life cycle.

From the governance of wealth structure to meticulous wealth planning, current situation analysis, and the development of tailored investment policy statements, the firm ensures alignment with client objectives and risk profiles, fostering a holistic wealth management experience.

Moreover, Hauberk Capital extends its services to include the Chief Investment Officer (CIO) office outsourcing, assuming the role of a dedicated investment department for clients. This encompasses expertly managing the strategy managers’ search and selection process, monitoring portfolio performance, delivering essential periodic reports, and executing strategic rebalancing based on prevailing macroeconomic conditions.

7. Emirates Capital

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Details

Websiteemirates-capital.com
AddressOffice 2202B, South Tower, Emirates Financial TowersDubai International Financial Centre, P.O. Box 506597, Dubai, United Arab Emirates
Contact Number+971 4 447 7672
Fax+971 4 447 7671
Email Idinfo@emirates-capital.com

Emirates Capital Limited is an award-winning entity regulated by the Dubai Financial Services Authority (DFSA). The company specializes in Corporate Finance, Asset Management, and Fund Management. It caters to a diverse clientele, including large corporations, middle-market enterprises, family-owned businesses, private equity firms, high-net-worth investors, and family offices.

Emirates Capital leverages the extensive international transaction experience and government advisory roles of its leadership team. Renowned for its profound knowledge of regional markets and a vast network, the firm crafts innovative financial and investment solutions tailored to the unique needs of its clients. It positions itself as a strategic partner in the pursuit of long-term success in the dynamic landscape of global business.

8. Noor Capital

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Details

Websitenoorcapital.ae
Address1st Floor, MSM 1 Building, Al Safa 1, Sheikh Zayed Road, P.O.Box 334241, Dubai, United Arab Emirates
Contact Number+971 4279 5400
Email Idinfo@noorcapital.ae

Noor Capital stands as a premier investment and brokerage firm in the heart of Dubai, offering a distinguished array of financial opportunities to regional investors. With a commitment to fostering safe and thriving investment environments, the firm specializes in Investments, Asset Management, Financial Advisory, Funds Administration, and Global Markets Brokerage for Online Forex Trading.

Noor Capital delivers efficient and effective investment solutions tailored to the unique goals and preferences of individuals, institutions, and corporate investors throughout the Gulf region. With an unwavering dedication to excellence, Noor Capital ensures unparalleled financial solutions through a curated selection of superior products and partnerships with industry-leading third-party providers.

9. Emirates Investment Bank

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Details

Websiteeibank.com
Address501, Boulevard Plaza Tower 2, P.O. Box 392349, Downtown Dubai, United Arab Emirates
Contact Number+971 45 294 175
Email Idinfo@credencesecure.com, support@credencesecure.com

Emirates Investment Bank stands as an independent private bank renowned for delivering a diverse array of investment and banking services to an exclusive clientele of high-net-worth individuals. Since its listing on the Dubai Financial Market (DFM) in 2005, the bank has been a pillar of financial stability and excellence in the region.

Its commitment to providing tailored solutions and personalized services has attracted a global client base, positioning Emirates Investment Bank as a trusted partner for discerning individuals seeking sophisticated financial management and investment expertise in the dynamic landscape of Dubai’s financial sector.

10. Rasmala Investment Bank Limited

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Details

Websiterasmala.com
AddressDubai International Financial Center, The Gate Village, Building 10, Level 1 PO Box 31145, Dubai, United Arab Emirates
Contact Number+ 971 4 363 5600, + 971 4 424 2700
Email Idinfo@rasmala.com

Rasmala is a distinguished independent provider and manager of alternative investment products, catering to a diverse clientele in Dubai, including pension funds, family offices, corporates, endowments, and financial institutions. Embracing a philosophy tailored for sophisticated investors, Rasmala prioritizes long-term investment strategies over short-term gains, recognizing the detrimental impact on sustained performance.

The company specializes in accessing alternative investments that enable clients to diversify their portfolios, leveraging its robust balance sheet to underwrite and secure optimal transactions. Originally rooted in serving Gulf investors, Rasmala’s international investment universe and corporate culture reflect a global perspective. It has an experienced team boasting profound market knowledge and global expertise. Rasmala maintains a strong track record in delivering strategic investment solutions in the vibrant financial landscape of Dubai.

11. Century Financial

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Details

Websitecentury.ae
Address6th Floor, Building 4, Emaar Square, Downtown Dubai, P.O. Box 65777, Dubai, United Arab Emirates
Contact Number+971 4356 2800
Email Idinfo@century.ae

Century Financial has dedicated over 33 years to simplifying and facilitating global financial market investments for both local and expatriate clients in the UAE. Renowned for its unwavering commitment to exceptional client services, Century Financial stands as an undisputed leader, offering an extensive array of trading instruments spanning diverse asset classes.

With a focus on providing the best possible client experience, the company boasts high-touch services, cutting-edge multi-asset trading platforms, personalized research, and a diverse range of investable products.

By placing a significant emphasis on investor education, Century Financial empowers clients to effectively manage their investment portfolios, earning the trust of UAE investors and solidifying its position as a multiple award-winning regional leader in the dynamic landscape of global financial market investments.

12. Evercore

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Details

Websiteevercore.com
AddressOffice 202, Level 2, Gate Village 10, Dubai International Financial Centre, PO Box 507204, Dubai, United Arab Emirates
Contact Number+971 4247 3800
Email IdNA

Evercore is a prominent global independent investment banking firm, reinforcing its commitment to delivering unparalleled financial advisory services in Dubai. The firm focuses on empowering clients to achieve exceptional outcomes by providing trusted and innovative counsel on strategic and financial matters crucial to boards of directors, management teams, and shareholders.

Evercore specializes in various areas, including mergers and acquisitions, strategic shareholder advisory, restructuring, and capital structure. It stands out as a beacon of excellence in the Dubai financial landscape. Moreover, the firm facilitates both public and private capital raising, offers comprehensive equity research, executes equity sales and agency trading, and extends wealth and investment management services to high-net-worth individuals.

13. Asas Capital Limited

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Details

Websiteasascapital.com
Address702 South Tower PO BOX 506806 Emirates Financial Towers, DIFC Dubai, United Arab Emirates
Contact Number+971 4 3464700
Email Idinquiry@asascapital.com

Asas Capital is dedicated to upholding the highest ethical standards and prioritizing stakeholder interests. The firm seamlessly blends the expertise of a global investment powerhouse with the nimbleness and autonomy characteristic of a boutique firm, positioning itself as a reliable partner for clients seeking excellence and integrity in financial services within the dynamic hub of Dubai.

Asas Capital Limited offers a diverse range of financial services, leveraging its global competencies to provide tailored investment solutions. With a relentless commitment to transparency, the firm ensures that clients receive personalised attention and strategic insights, fostering a relationship built on trust and mutual success.

14. Dalma Capital

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Details

Websitedalmacapital.com
AddressICD Brookfield Place, Dubai International Financial CentreDubai, 9361 United Arab Emirates
Contact NumberNA
Email Idinfo@dalmacapital.com

Dalma Capital acts as a bridge between investors and opportunities, offering a comprehensive suite of financial services across three key segments: investment banking advisory, fund management, and outsourced CIO services. They specialize in alternative investments, emerging markets, and capital solutions, providing their clients with best-in-class expertise and personalized attention.

Beyond managing investments, Dalma Capital actively raises capital for companies and facilitates strategic transactions, ensuring exceptional value for their clients. By leveraging their deep knowledge, innovative approach, and cutting-edge technology, Dalma Capital empowers clients to optimize their portfolios and achieve their financial goals with a customized touch.

15. Ali Cloud Investment

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Details

Websitealicloudinvestment.com
AddressAlGarhoud P.O BOX: 237270 Dubai, United Arab Emirates
Contact Number+971 4 333 6169
Email IdNA

Ali Cloud Investment stands as a trusted boutique investment banking firm. Founded by seasoned professionals, their core mission is to serve the evolving needs of global corporations. They achieve this through strategic thinking and meticulous planning, ensuring both investor rewards and sustainable business solutions for their clients.

Their team of highly skilled professionals are dedicated to guiding you through the complexities of today’s financial market. They work tirelessly to understand your unique challenges and tailor solutions that bring clarity and success. Whether you’re seeking project financing, private equity investment, or expert financial engineering, Ali Cloud Investment is your partner in navigating the dynamic world of finance.

Considerations for Residents and Expats

In the vibrant financial landscape of Dubai, considerations for residents and expats play a pivotal role in shaping investment strategies. The city’s diverse population brings forth unique financial goals and preferences, necessitating a tailored approach to wealth management.

Tailoring Investment Strategies Based on Individual Needs

Tailoring investment strategies is fundamental in a city where residents and expats coexist, each with distinct financial objectives. Investment banks in Dubai recognize the importance of customizing solutions to meet individual needs. Whether it’s a resident planning for long-term stability or an expat seeking short-term gains, the top investment banks offer a spectrum of services and products to accommodate diverse financial aspirations.

From risk tolerance assessments to personalized portfolio management, these institutions empower clients to craft investment strategies that resonate with their specific circ*mstances and goals.

The Role of Investment Banks in Catering to Diverse Client Profiles

Dubai’s cosmopolitan environment is mirrored in the client profiles served by investment banks. Recognizing the diversity in financial goals, risk appetites, and cultural backgrounds, top investment banks play a crucial role in catering to this spectrum.

They employ financial experts capable of understanding and respecting the unique requirements of both residents and expats. This inclusive approach ensures that investment solutions are not one-size-fits-all but rather finely tuned to accommodate the varied preferences and circ*mstances of a broad clientele.

Addressing the Challenges and Opportunities for Both Residents and Expats

Living and investing in Dubai presents both challenges and opportunities, contingent on factors like regulatory nuances, currency exchange, and market dynamics. Investment banks act as guides, helping clients navigate these complexities. For residents, this may involve strategies to navigate the local economic landscape, while expats might require assistance in mitigating cross-border financial challenges.

Investment banks in Dubai proactively address these concerns, providing advisory services that consider the unique challenges faced by both groups. Simultaneously, they identify and capitalize on opportunities, ensuring that clients, whether resident or expat, can make well-informed decisions that align with their financial objectives.

Conclusion

In conclusion, successfully navigating Dubai’s dynamic financial landscape demands a strategic approach. Identifying the top investment banks serves as a compass for both residents and expats. The distinguished institutions that have secured their positions as the best in Dubai reveal that these banks not only provide financial stability but also offer a diverse array of services to meet the multifaceted needs of their clientele.

Making informed decisions in financial matters is of utmost importance. In a city thriving on innovation and growth, aligning financial goals with a reputable investment bank becomes a pivotal step towards success. The highlighted banks showcase a robust financial standing and exemplify excellence in services, including asset management, sustainable investment banking, and active participation in capital markets.

Informed decision-making is not just a financial strategy; it is a commitment to a secure and prosperous future. Dubai’s top-tier investment banks provide a solid foundation for individuals seeking to optimize their investments. Beyond the numbers, these institutions signify a commitment to transparency, reliability, and client-centric solutions.

As one navigates the intricacies of the financial world, it is imperative to recognize the role of these investment banks as trusted partners in the journey towards financial well-being. In a city where opportunities abound, the synergy between informed decision-making and the expertise of top investment banks becomes the cornerstone of a prosperous and secure financial future.

15 Best Investment Banks In Dubai for Residents & Expats - Rasmal (2024)

FAQs

15 Best Investment Banks In Dubai for Residents & Expats - Rasmal? ›

The best banks in Dubai for expats include Emirates NBD, Abu Dhabi Commercial Bank (ADCB), Mashreq Bank, First Abu Dhabi Bank (FAB), Dubai Islamic Bank, and neo-banks like Liv. by Emirates NBD and Mashreq NEO.

Which bank is best for expats in Dubai? ›

The best banks in Dubai for expats include Emirates NBD, Abu Dhabi Commercial Bank (ADCB), Mashreq Bank, First Abu Dhabi Bank (FAB), Dubai Islamic Bank, and neo-banks like Liv. by Emirates NBD and Mashreq NEO.

Is Dubai good for investment banking? ›

Investment banking is the new oil in Dubai, which is making Dubai a polestar in the Middle East. Dubai is seeing immense growth in investment banking. It is grabbing the eyeballs of foreign investors, with its favourable laws and regulations, infrastructure and lifestyle.

How much does a VP of investment banking make in Dubai? ›

AED 830K. The estimated total pay for a Investment Banking Vice President is AED 830,000 per year in the Dubai, United Arab Emirates area, with an average salary of AED 605,000 per year.

Which is the safest bank in the UAE? ›

Top 5 Best Banks In The UAE to Open an Account
  • Emirates NBD. Emirates NBD stands out as one of the UAE's most prominent and trusted banking institutions. ...
  • First Abu Dhabi Bank (FAB) ...
  • Abu Dhabi Commercial Bank (ADCB) ...
  • Commercial Bank of Dubai (CBD) ...
  • National Bank of Ras Al- Khaimah (RAKBANK) ...
  • Union National Bank.

What American banks have branches in Dubai? ›

Citibank is the only U.S. bank established onshore in the UAE that offers full banking services. To service international clientele, J.P. Morgan Chase, Bank of America, Citigroup, Bank of New York Mellon, and Perella Weinberg Partners Group have licensed onshore representative offices.

Can a US citizen open a bank account in Dubai? ›

Yes, non-residents can open bank accounts in Dubai. However, you must meet the eligibility conditions and know about the limitations that come with it. Meeting the Eligibility Criteria: You may need to provide proof of address, residency visa, or employment letter in addition to your passport.

Which is the largest investment bank in UAE? ›

Rasmala: This is one of the biggest investment banks in Dubai. Rasmala was established in the year 1999. The assets under management for Rasmala are $1.2 billion and its capital market transactions are worth $500 million. SHUAA Capital: SHUAA was established back in 1979.

How much money is required to invest in Dubai? ›

How much minimum amount is required to invest in Dubai? If you're looking for returns then around Aed 300,000 can do. If you're looking to get a visa based on your investment, you would need to invest atleast Aed 1,000,000.

Which is best investment in Dubai? ›

10 Business Opportunities to Invest in Dubai
  • Real Estate: Best Investment Opportunities in Dubai. ...
  • Gold: The City of Gold. ...
  • Retail and E-commerce. ...
  • National Bonds: Reliable and Risk-Free. ...
  • Stocks: Building Wealth through Ownership. ...
  • Mutual Funds: Diversify and Simplify. ...
  • Forex: Capitalize on the Global Currency Market.
Feb 5, 2024

What is a VP salary in Dubai? ›

Vice President salary in Dubai ranges between AED 32,000 to AED 52,300 with an average monthly salary of AED 41,825 for employees with 9 years of experience to 17 years.

How much does a Citi VP make in Dubai? ›

Vice President salary at Citibank ranges between AED 14,222 to AED 20,000 with an average monthly salary of AED 17,066 for employees with 11 years of experience to 19 years. Salary estimates are based on 4 latest salaries received.

What is the highest salary for an investment banker in Dubai? ›

The estimated total pay for a Investment Banking Analyst is AED 295,000 per year in the Dubai, United Arab Emirates area, with an average salary of AED 225,000 per year.

Which is the No 1 bank in Dubai? ›

1. Emirates National Bank of Dubai (ENBD) Bank Details – In 2007, the Emirates Bank International (EBI), the second-largest bank in the UAE, merged with the National Bank of Dubai (NBD), the fourth-largest bank, to form Emirates National Bank of Dubai (ENBD).

Which bank gives the highest interest rate in the UAE? ›

Long-term Wakala Deposit by Dubai Islamic Bank (DIB)

It offers one of the highest interest rates for long-term investments, with an annual return of 2.65%. The main downsides are the three-year term and a relatively high minimum balance requirement of AED 25,000.

Which bank in Dubai gives the highest interest rate? ›

Long-term Wakala Deposit by Dubai Islamic Bank (DIB)

It offers one of the highest interest rates for long-term investments, with an annual return of 2.65%.

Which bank is best for international transfers in the UAE? ›

Top Banks to Transfer Money to Foreign Account
BankMoney Transfer Service Name
Emirates NBDDirectRemit
HSBCGlobal View and Global Transfers Inward Money Transfers International Money Transfers Global Money Account
Abu Dhabi Islamic BankWire Transfer UAE-Egypt Current Account
7 more rows

Where do most expats stay in Dubai? ›

Dubai Marina is a popular residential area for expats in Dubai due to its prime location, modern amenities, and community feel. Its excellent location along Sheikh Zayed Road provides quick access to major hubs like Downtown Dubai and Dubai Internet City.

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