UBS Saudi Arabia, a subsidiary of UBS AG, is authorized and regulated by the Capital Market Authority to conduct securities business under license number 08113-37 dated 4 Rajab 1429H (corresponding to 7 July 2008) and has a commencement date of 19 Rajab 1430H (corresponding to 12 July 2009) for the following securities business activities:
dealing as agent (except in the Saudi Arabian stock market)
underwriting
managing client portfolios
arranging
advising and custody of securities
UBS Saudi Arabia deals in all international markets (through its affiliates within the UBS AG Group), with the exception of the local stock market in Saudi Arabia and stock markets in sanctioned countries by the United Nations.
UBS Saudi Arabia is a Saudi closed joint stock company incorporated in the Kingdom of Saudi Arabia with a paid capital of 110,000,000 Saudi Riyals under commercial register number 1010257812 having its registered office at Laysen Valley, building 6, P.O. Box 75724, Riyadh 11588, Kingdom of Saudi Arabia.
UBS Saudi Arabia is owned 100.00% by UBS AG.
The registered address of the shareholder UBS AG is: Bahnhofstrasse 45, 8001 Zurich and Aeschenvorstadt 1, 4051 Basel, Switzerland.
Products and services
UBS Saudi Arabia is a subsidiary company of UBS AG. The two business groups of UBS AG carry out business in Saudi Arabia through UBS Saudi Arabia:
Investment Bank provides services to corporate and institutional clients with expert advice, innovative solutions and outstanding execution for both simple and complex transactions.
Wealth Management provides financial services to wealthy clients. It includes a full range of wealth management services from asset management to estate planning and corporate finance advice.
Board of Directors
Ramzi Abukhadra
Ramzi Abukhadra
Chairman of the Board
Niels Zilkens
Niels Zilkens
Head Wealth Management Middle East
Bassel Zaouk
Bassel Zaouk
Chief Executive Officer UBS Saudi Arabia
Board Member
Wahdan S. Alkadi
Wahdan S. Alkadi
Board Member
Schady Saeb
Schady Saeb
Managing Director
Non-Executive Board Member
Our team
Bassel Zaouk
Bassel Zaouk
Chief Executive Officer
Lulwah Al Saleh
Lulwah Al Saleh
Executive Director, Wealth Management
Faisal Alshibl
Faisal Alshibl
Director, Wealth Management
Sultan Al Shoail
Sultan Al Shoail
Client Account Manager, Wealth Management
Fady Fakhoury
Fady Fakhoury
Head Business Risk Organization
Hussain Al Huraiz
Hussain Al Huraiz
Head of C&ORC and MLRO
Imran Ali
Imran Ali
Head of Finance
Annual reports
Additional Information
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Organisational chartpdf of organisational chart
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Fund Investor Rights (Arabic only)pdf of Investor Rights
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Notice to raise the awareness of investorspdf of awareness of investors
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Notice to objectives of opening of the Saudi stock market to foreign financial institutions (Arabic only)pdf of Saudi stock market
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Complaintspdf of complaints