UAE’s Gulf Capital receives Financial Services Permit from ADGM’s FSRA

  • Date: 08-Mar-2023
  • Source: GCC Business News
  • Sector:Financial Markets
  • Country:UAE
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UAE’s Gulf Capital receives Financial Services Permit from ADGM’s FSRA

Gulf Capital, one of the largest and most active private equity firms investing from the GCC to Southeast Asia, has been awarded a Financial Services Permit (FSP) from the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM).

The newly granted license will enable Gulf Capital to manage assets and funds as well as to perform other regulated asset management activities in or from the ADGM.

Launched in Abu Dhabi in 2006, Gulf Capital has now offices in Abu Dhabi, Dubai, Riyadh, Cairo, and Singapore, with its newly inaugurated global headquarters based in ADGM. The company, which was launched in Abu Dhabi in 2006, has a solid and long track record of investing private capital to build global leaders out of the GCC and is now well positioned to capture the phenomenal growth across the West-East Asia corridor.

Hareb Al Darmaki

Chairman – Gulf Capital “We are committed to expanding our presence in Abu Dhabi and to basing our global headquarters in the prestigious ADGM. Receiving a full asset management license from FSRA will help us meet investors’ increasing demand for more regulated and transparent asset management activities within an established world-class financial center. Gulf Capital remains steadfast about upholding the