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, proprietory 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 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
through UGB’s asset management department.
Financial brokerage
services are provided to clients within the MENA region.
Treasury functions to manage UGB’s liquidity and in
particular funding and cash management.
Non-core investments in associates range across the
sectors of real estate, industry hospitality and media.
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