UGB and its subsidiaries, associate companies and joint venture primarily engage in the asset and fund management, investment banking, private equity and corporate finance. Other business activities include brokerage, commercial banking, savings and pensions, proprietary investments and treasury.
Asset Management and Investment
Banking
UGB’s principal business focus is its asset management and investment banking business. Asset and fund management activities cover local, regional and international markets and include discretionary and non-discretionary portfolio management, securities trading, portfolio structuring and asset allocation advice, mutual funds, investments and structuring, and alternative/structured investments. Conventional and Islamic investment banking activities include equity and debt underwriting, private placements, capital restructuring, and merger and acquisitions, while the private equity activity focuses on telecoms, media and technology and energy sectors. Corporate banking advisory services include IPO and private placement advisory and execution, business valuation, financial feasibility studies, project finance, and due diligence.
Other Business Activities
Commercial banking services are carried out through UGB’s associates: Burgan Bank and Syria Gulf Bank.
Proprietary investments are held in private and quoted equities as well as private equity funds, structured products, managed funds and debt securities and are managed by the bank
and its subsidiaries and associates, across a range of sectors including finance, real estate development, hospitality, media, healthcare, and education.
Financial brokerage services are provided to clients within the MENA region.
UGB’s treasury manages the Bank’s liquidity and funding requirements, and its responsible for developing conventional and Islamic counterparty relationships.
Non-core investments in associates range across the sectors of real estate, industry hospitality and media.
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