Abu Dhabi: RB Capital/Royal Holdings, a leading Singapore-based real estate conglomerate, has announced the launch of its family office in Abu Dhabi.
The announcement was made during Abu Dhabi Finance Week 2024, marking a significant step in the company’s expansion strategy across the Middle East.
The new family office, located in Abu Dhabi Global Market (ADGM), will focus on fostering partnerships and joint ventures within the region.
ADGM, an internationally recognized financial center, offers a robust legal framework, state-of-the-art banking infrastructure, and access to a growing ecosystem of stakeholders, making it an ideal base for the company’s Middle Eastern operations.
Kishin RK, CEO of RB Capital stated that, “We chose Abu Dhabi because of its strategic location and reputation as the capital of the UAE with an internationally recognized legal framework. The family office in ADGM allows us to establish a strong presence and expand our investments in the UAE and the Middle East. This move complements our portfolio in Singapore, where we remain deeply rooted and committed to growth.”
Abu Dhabi is officially on the global map for yet another big move in finance and investments.
During #ADFW2024, RB Capital/Royal Holdings, a leading Singapore-based real estate conglomerate, announced the establishment of their family office in Abu Dhabi.
This expansion into… pic.twitter.com/OjSqIdqXFI
— ADFW (@ADFinanceWeek) December 10, 2024
Arvind Ramamurthy, Chief Market Development Officer at ADGM, remarked that, “ADGM is proud to welcome RB Capital/Royal Holdings to Abu Dhabi. This decision underscores the growing global confidence in Abu Dhabi’s position as a premier financial hub. We look forward to supporting their efforts in unlocking growth opportunities and driving long-term value through strategic partnerships.”
The family office will enhance RB Capital/Royal Holdings’ ability to manage and grow its portfolio, tapping into the rapid economic growth of the region.
By establishing a presence in Abu Dhabi, RB Capital/Royal Holdings is set to contribute to the UAE’s vision of fostering a dynamic, globally integrated financial hub, while positioning itself to capitalize on the Middle East’s expanding opportunities.