UBS today announced the opening of its Advisory Office in Abu Dhabi.
Situated in ADGM, it is the second presence within the United Arab Emirates (UAE). This step marks a significant 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 finance and wealth hubs.
Abu Dhabi, the capital of the UAE, is recognized as a leading center of investable wealth in the region. It has rapidly 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 within the region’s growing ecosystem.
Beatriz Martin, President UBS EMEA, said:
“Our new office in ADGM marks an exciting milestone for UBS and our clients in the region, reinforcing the significant opportunities we see in this dynamic market and deepening our partnership with Abu Dhabi. UBS’s global connectivity and strong capabilities position us to serve complex clients and deliver integrated solutions. With a strengthened presence in the country, we are well positioned to continue driving growth and delivering the full value of our One Bank offering to clients in Abu Dhabi and across the region.”
Christl Novakovic, Head UBS Global Wealth Management EMEA, added:
“The Middle East is a region of extraordinary growth and opportunity. Opening our Advisory Office in ADGM is a testament to our deep-rooted belief in the potential of the region and our unwavering commitment to our clients here. We are proud to be part of their journey and to contribute to the financial ecosystem of the UAE.”
Arvind Ramamurthy, Chief Market Development Officer at ADGM, said:
“We are delighted to welcome UBS to ADGM. Their presence highlights ADGM’s status as a leading hub for global wealth management and family office. ADGM provides an ideal platform for firms such as 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 long-standing presence to the region. This new office allows us to be closer to our clients, offering them seamless access to UBS’s global capabilities while delivering locally tailored solutions.”
The UBS AG, Abu Dhabi Branch, will advise clients directly from ADGM, with assets booked in Switzerland, leveraging UBS’s global franchise and product capabilities.
