Japan’s Nomura opens new premises in Dubai International Financial Center

  • Date: 19-Jul-2023
  • Source: GCC Business News
  • Sector:Financial Markets
  • Country:UAE
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Japan’s Nomura opens new premises in Dubai International Financial Center



Rep.Image (Courtesy: Nomura)



Nomura, a Japanese financial holding company, has strengthened its International Wealth Management business with new premises at Dubai International Financial Center (DIFC), the leading global financial hub in the Middle East, Africa and South Asia (MEASA).

Nomura announced last year that it would open a branch of Nomura Singapore Limited in DIFC to expand its client franchise and increase the footprint of its relationship managers. It has since obtained a Category 4 license from the Dubai Financial Services Authority (DFSA), the independent regulator of financial services conducted in or from DIFC.

The move marks Nomura’s commitment to expanding its presence in the region by catering to the growing demand for high-quality wealth management services and comprehensive financial solutions from its clients in the MEASA market. The announcement also reinforces DIFC’s commitment to provide a conducive environment for businesses in the region, to further drive economic growth.

The company’s International Wealth Management arm will primarily serve high-net-worth individuals (HNWIs), single-family offices, and external asset managers in the UAE and broader Middle East region, including the Gulf Cooperation Council (GCC), North Africa and Levant countries.

Nomura International Wealth Management joins a DIFC ecosystem of over 300 wealth and asset management firms that