NBK Capital Chief Executive Officer and Board Member, Mr. George Nasra said: “The license to operate at the DIFC is a significant strategic milestone for NBK Capital, positioning it among the world’s leading financial institutions operating in the DIFC and is in line with NBK Capital’s strategy to expand its investment banking and private equity offering to clients in the Gulf and the Middle East regions. We will be leveraging NBK’s 54 years of experience and regional presence and its reputation as the highest rated bank in the Middle East and Kuwait’s leading bank”.
Dr. Omar Bin Sulaiman, Director General of Dubai International Financial Centre Authority (DIFCA) welcoming NBK Capital commented: “We welcome NBK Capital to the DIFC. NBK is one of the largest banks in the Middle East region and has been consistently recognized by international rating agencies and leading international publications, as the best bank in Kuwait and the Middle East. NBK’s presence at the DIFC reinforces our stature as the gateway to accessing the underutilized liquidity of US$ 1.8 trillion.”
To date, the DIFC has attracted several international investment banks such as Morgan Stanely, Deutsche Bank and Credit Suisse.
