Nomura, a global financial services group with a fully integrated international network, has announced the opening of its new office in the Dubai International Financial Centre (DIFC), the leading financial hub for the Middle East, Africa and South Asia (MEASA).
Building on the International Wealth Management capabilities of Nomura Singapore Limited, the Dubai office was launched in 2023 to broaden Nomura’s wealth management footprint in the Middle East. This approach, supported by the recruitment of senior and highly experienced relationship managers, has driven strong business growth.
Initially focused on creating a platform to serve the South Asian diaspora across the MEASA region, Nomura now aims to achieve sustainable expansion by extending its client reach to local high-net-worth individuals, single family offices and external asset managers in the UAE and wider GCC.
The announcement also highlights DIFC’s ongoing commitment to offering a supportive and business-friendly environment that enables Nomura and other firms to contribute to economic growth in Dubai and across the region.
Commenting on the opening, Salmaan Jaffery, Chief Business Development Officer at DIFC Authority, said: “Nomura’s expansion in DIFC demonstrates the strength of its regional growth journey, its century-long expertise valued by clients, and the significant opportunities Dubai offers to global firms. As the leading financial hub in MEASA, DIFC provides an ideal platform for international institutions to scale their operations and unlock new regional opportunities.”
He added: “We welcome Nomura’s continued expansion within the Centre, which further strengthens Dubai’s position as a global hub for capital and talent and a preferred base for leading financial institutions worldwide.”
Ravi Raju, Head of International Wealth Management at Nomura, said: “DIFC has firmly established itself as a major international financial centre. Nomura has experienced strong growth from our on-the-ground presence here in a relatively short period.”
He added: “Moving into a larger office enables us to support our growing team in Dubai and better meet the needs of our expanding client base across the region.”
