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UAE-India Economic Summit to celebrate SBI Caps opening office in Abu Dhabi – News


Panel discussions cover topics such as start-ups, sustainability and green energy, capital markets, solutions for stressed assets

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published: Wednesday, June 28, 2023 at 11:11 am

Last updated: Wednesday, June 28, 2023 at 4:56 pm

India’s leading investment bank and project advisor, SBI Capital Markets (SBI Caps), will open a new branch in Abu Dhabi Global Market (ADGM) next month.

According to the ADGM website, the official inauguration of the branch will take place on July 3 during the “UAE-India Economic Summit: Promoting Synergies – Joint Falcon and Tiger Economy”.

SBI Caps is a wholly owned subsidiary of State Bank of India (SBI), India’s largest bank. Mumbai-based SBI Caps has been India’s leading investment bank for the past three decades. Specializing in equity and debt capital markets as well as project advisory and structured finance, SBI Caps provides investment banking and corporate advisory services to more than 3,000 clients across 25 industries.

ADGM Chairman Ahmed Jasim Al Zaabi, SBI Chairman Dinesh Khara, SBI Caps Managing Director and CEO Amitava Chatterjee, Indian Ambassador to UAE Sunjay Sudhir, and other industry leaders will attend the branch opening and summit.

During the summit, panel discussions will be held covering topics such as start-ups, sustainable development and green energy, capital markets and the disposal of stressed assets. The meeting will be held in the ADGM Auditorium, ADGM Plaza, Al Maryah Island.

Abu Dhabi Global Market is a top international financial center and a strategic link between emerging economies such as the Middle East, Africa and South Asia and the rest of the world. Since opening in October 2015, ADGM has grown to support 1,400 operating entities, 5,500 business licenses and 11,000 employees at ADGM Plaza.


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