Clariden Leu said that the new office will provide local private banking clients with access to exclusive asset management services via Zurich and Singapore.

Clariden Leu has been represented in Dubai by its asset management company since 2007. There has also been a representative office in Cairo since 2008.

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Clariden Leu CEO Hans Nutzi said, the presence in Abu Dhabi will help the company to provide faster and more customized solutions to meet the needs of its Middle Eastern clients in the future.

"We are glad to continuously underline our experience and our competence in this dynamic economic environment," Nutzi said.

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