A licensed financial institution established under the laws and regulations of the Dubai International Financial Centre and regulated by the Dubai Financial Services Authority

Al Ahli Bank of Kuwait - DIFC Branch

In 2018, ABK’s DIFC branch was established as part of the Group’s international network expansion plans. ABK-DIFC holds a Category 1 license and is regulated by the Dubai Financial Services Authority (DFSA).

ABK-DIFC acts as the Group’s international hub and offers integrated wholesale banking solutions catering to international corporates, multinationals, financial institutions and sovereigns. Services provided include arranging and advising on credit, corporate finance, structured trade, treasury, and liability management.

Our dedicated specialized teams are well positioned to provide tailored solutions and deliver exceptional service to all clients across the wider ABK Group from one strategic central location.

ABK-DIFC fully complies with DIFC and DFSA rules and regulations in all its dealings and operations. The branch only offers services to professional clients and market counterparties and does not offer any services to retail clients, as defined in the DFSA Conduct of Business (COB) Rulebook.

Data Protection & Customer Privacy Laws

ABK-DIFC is committed to safeguarding the information entrusted to us by our clients, making it one of our primary responsibilities. To fulfil this commitment, we adhere to the Data Protection Law, DIFC Law No. 5 of 2020 which came into effect since October 2020 and the new DIFC amendments law no. 2 of 2022.

For more information, please visit DIFC Protection Law No.5 of 2020 and DIFC Customer Privacy Notice.

If you have any inquiries or if you disagree with the collection, processing, or use of your information, please email our Data Protection team at DPO@abkuwait.com

Global Financial Institutions & Sovereigns (GFI)

Our industry veterans offer holistic solutions to our valued business partners across Banks, Non-Bank Financial Institutions and Sovereigns. With a global reach, extensive network and backed by our correspondent banking partnerships, we ensure that all your assets, liabilities, treasury and trade requirements are met.

Non-Presence Countries (NPC) & MNC

As an integral part of ABK’s wholesale banking setup, our specialized origination and coverage unit services large corporate, government-related entities, and multinational corporations. Our dedicated team of relationship managers are committed to providing customized solutions that best meet your business needs.

We have an established and proven track record in offering the following solutions:

  • 1

    Term Loans

  • 2

    Working Capital Finance

  • 3

    Refinancing Solutions

  • 4

    Contract Finance

  • 5

    Long-term and Project Finance

  • 6

    Asset / Non-Recourse Finance

Corporate Finance & Syndications (CFS)

With decades of experience, the CFS team of debt professionals provide best-in-class services and solutions across debt and loan capital markets. Our in-depth product expertise and deal credentials ensures seamless execution that leverages our access to deep and diverse liquidity pools. We offer complete debt advisory services including arranging, structuring and underwriting positions providing tailored bespoke sustainable funding strategies.

Structured Trade Finance (STF)

Catering to international trade requirements, our DIFC team has extensive experience in structuring local and cross-border transactions. Through established global networks and expert solutions our clients can trade efficiently and securely. We also offer clients access to solutions designed specifically for end-users along the global supply chain.

Trade-related Services:

Import and export documentary credit and related financing

Import and export collections and related financing

Issuance of various types of guarantees/counter guarantees

Purchase of bank/country risk

Assignment of Proceeds

Treasury Services

ABK actively operates in the UAE with dealing rooms both onshore and offshore in DIFC. We are a prominent participant in the local and regional interbank foreign exchange and money markets. Our competitive rates are available for both retail under onshore license and wholesale clients & professional clients under offshore license, and we provide effective solutions for corporate clients seeking FX and interest rate hedging. Being the longest-standing Kuwaiti bank in the UAE, we are in a strong position to provide highly competitive rates for UAE Dirham under onshore license as well as Kuwaiti Dinar and US Dollars under both licences.

DIFC Office

Rami El Rifai

Senior Executive Officer

RamiRifai@abkuwait.com

+971 4 6075665

GFI

Laila Al Nemah

Head of Global Financial Institutions

lailaa@abkuwait.com

+965 22401917

NPC & MNC

Peter De Swart

Head of NPC & MNC

Peter@abkegypt.com

+971 4 6075591

CFS

Mounir Nasrallah

Head of Corporate Finance & Syndications

MNasrallah@abkuwait.com

+971 4 6075674

STF

Elie Abi Ghosn

elie.ghosn@abkuwait.com

+971 4 6075559

GFI

Nistala Devi

Deputy Head of Global Financial Institutions

NDevi@abkuwait.com

+971 4 6075662

Treasury - UAE

treasuryuae@abkuwait.com

Tel: +971 4 6075643

Fax: +971 4 2684445

Reuters/Bloomberg: ALBD

Treasury - DIFC

treasurydifc@abkuwait.com

Tel: +971 4 6075641

Fax: +971 4 2684445

Reuters: ABDI

Bloomberg: ABKD

DIFC Office Location

Location Level 22, Emirates Financial Towers, North Tower, Unit N2202, 2203, 2204

P.O. Box 507162, Dubai

+971 4 6075 666/660