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HSBC to Launch New Abu Dhabi Wealth Management Centre in December 2026

HSBC plans to open a new wealth management centre in Abu Dhabi in December 2026 as part of its ongoing Gulf expansion. The move supports increasing cross-border capital flows from Middle Eastern high-net-worth clients into Asian hubs such as Hong Kong and Singapore. An HSBC survey also found that 97% of institutional investors across 16 markets view the UAE as an attractive investment destination.

Photo: South China Morning Post

HSBC has announced plans to open a new wealth management centre in Abu Dhabi in December 2026, marking an expansion of its presence across the Gulf region.

According to Mohamed Al Marzooqi, CEO of HSBC UAE, the planned centre is part of the bank's largest regional investment programme in two decades, coming after an opening in Dubai last year.

The lender noted that high-net-worth clients from the Middle East are continuing to increase cross-border financial flows directed toward Asian financial hubs, specifically Hong Kong and Singapore.

Additionally, an HSBC global investor survey conducted across 16 markets, including mainland China, indicated that 97% of institutional investors consider the UAE an attractive destination for infrastructure and general investment.

Sources

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