Nomura expands international wealth management footprint in Dubai

Nomura has officially opened new premises for its International Wealth Management business in the Dubai International Financial Centre, reinforcing its long-term commitment to the Middle East.

The expansion strengthens Nomura’s presence in one of the world’s fastest-growing financial hubs amid rising regional wealth activity.

The move follows the launch of Nomura’s Dubai wealth management office in 2023 as part of its regional growth strategy.

Since entering the market, the business has scaled steadily through targeted hiring and platform development.

Nomura said its Dubai operations have been supported by investment expertise and product access from Nomura Singapore Limited.

Senior relationship managers with deep regional experience have been recruited to support client growth.

The Dubai office was initially established to serve the South Asian diaspora across the Middle East, Africa and South Asia region.

This client segment has shown rising demand for cross-border investment solutions and sophisticated wealth structuring.

Nomura said the strong foundation allowed rapid expansion within a relatively short timeframe.

The opening of larger premises enables the firm to support a growing on-the-ground team.

Nomura plans to broaden its client base beyond its original focus as the business matures.

Future coverage will include local high net worth individuals, single family offices and external asset managers.

The expansion targets clients across the United Arab Emirates and the wider Gulf Cooperation Council.

Nomura said regional wealth pools are becoming more institutionalised and globally connected.

Family offices and asset managers are increasingly seeking international access and advisory expertise.

The move also highlights the strategic importance of DIFC as a gateway for MEASA financial activity.

DIFC offers a globally recognised regulatory framework and deep capital markets connectivity.

As the leading global financial hub in MEASA, DIFC provides the ideal platform for international institutions to strengthen their operations.

Salmaan Jaffery said.

We are pleased to see Nomura deepen its presence in the Centre, reinforcing Dubai’s role as a global destination for capital and talent.

Salmaan Jaffery added.

Nomura said proximity to clients and counterparties remains central to its regional strategy.

This move into a larger space will allow us to cater to our expanding team in Dubai and better serve our growing client franchise.

Ravi Raju said.

The firm said the new premises support collaboration, client servicing and future hiring.

Nomura views the expansion as a signal of confidence in long-term regional demand.

The firm is positioning itself to capture growth driven by intergenerational wealth transfer and international diversification.