ABK Capital DIFC, a recently established subsidiary of Ahli Capital Investment Company (ABK) in the Dubai International Financial Centre (DIFC), has announced the beginning of its international partnerships, starting with LGT Bank Switzerland — part of the world’s largest family-owned private banking and asset management group.

This new partnership adds to a series of global agreements previously signed by Ahli Capital with renowned partners such as Blackstone and BlackRock, marking a significant milestone in its journey to enhance its solutions and provide clients with access to leading global financial institutions and innovative investment solutions. The partnership also enables clients to benefit from the capabilities of the prestigious Swiss private banking sector.

LGT Bank (Switzerland) Ltd. is a Swiss private bank and a part of the LGT Group, a global leader in private banking and asset management. The group has been owned and managed by the Princely Family of Liechtenstein for over 90 years. With over CHF 350 billion in assets under management, LGT operates in more than 30 locations worldwide.

The agreement will allow ABK Capital DIFC to manage client investment accounts held with participating banks, giving clients access to world-class infrastructure, custodial services, and top-tier product platforms.

On this occasion, Dr. Abdulaziz Jawad, Chairman of Ahli Capital – Kuwait, stated:

“The establishment of ABK Capital DIFC is a cornerstone in our regional expansion strategy. It places us in a leading global financial center and enables us to serve a broader client base across new regions and business hubs. Through this platform, we will offer a wide range of innovative investment solutions, tailored to meet the evolving needs of our clients.”

Dr. Jawad also explained some of the benefits clients of ABK Capital DIFC will gain through this new partnership, saying: “This partnership serves our clients both in terms of the number and quality of services. It will enhance the quality of our products and increase the range of client needs we can fulfill.

On his part, Sherif El-Rafei, CEO of Ahli Capital, said: “Collaborating with our partners, including LGT Bank Switzerland through our subsidiary, aligns directly with our commitment to delivering exceptional investment services and reaching our clients on a global scale.”