- Domiciles
- United Arab Emirates
Domicile · Middle East
United Arab Emirates.
The United Arab Emirates is the group's Gulf hub. IGUAKO Capital (Gulf) Ltd. was licensed in 2023 and works from Marina Gate Chambers in Dubai, where eleven people cover the Gulf, arrange transactions and run compliance for the three entities of the Middle East region. Nadira Haddad-Pemberton, Head of Region, Middle East, directs the Doha and Manama offices from this building. Client portfolio attributed to the jurisdiction was US$43 million at 30 June 2026.
- People in Dubai
- 11
- Family relationships covered from Dubai
- 5
- Client portfolio attributed
- US$43 million
- Correspondent and counterparty relationships
- 7
- Local entity
- IGUAKO Capital (Gulf) Ltd.
- Entity type
- Company limited by shares, licensed in a Dubai financial free zone
- Role
- Gulf hub
- City
- Dubai
- Currency
- United Arab Emirates dirham (AED), pegged to the US dollar
- Time zone
- Gulf Standard Time (UTC+4); no daylight saving
- Languages
- Arabic and English; the working language of the office and of every client agreement is English
- Region
- Middle East
Presence
Regional hub for the Middle East at Marina Gate Chambers, Dubai, opened in 2023. Eleven people work in the office under Nadira Haddad-Pemberton, Head of Region, Middle East.
Why this domicile
- Dubai lies within four flight hours of Port Louis, Nairobi and Mumbai and within eight of Singapore and London, which puts three regions inside one working day.
- A financial free zone with an English-language legal framework and its own courts suits cross-border arranging.
- Gulf allocators seek exposure to food security and life-science positions, which are the sectors the group originates.
- The dirham peg to the US dollar removes currency friction from mandates that are denominated in dollars.
The Dubai entity arranges and advises. It holds no client money and takes no positions on its own book. Gulf institutions that want exposure to pharmaceutical, animal-health and agri-science positions originated in Oceania, Latin America and Africa receive it through structures arranged in Dubai and funded from the Manama treasury or the George Town balance sheet. Two of the 47 portfolio positions are booked in the jurisdiction, both in Gulf information-infrastructure businesses held for the Information & Data division.
Seven of the 61 family relationships belong to the Gulf: five are covered from Dubai and two from Doha. Each is a multi-generational family with operating businesses in the region, and each is booked through the Nassau centre with relationship management in the Gulf. Two came to the group through the Al Bateen Principals Network, which has introduced Emirati principals to the Dubai hub since 2024. Commercial Finance originates facilities here for the trade corridors that link the Gulf to East Africa and South Asia, working with Port Louis on the African leg. Programme Latitude assigns 2029 to the Gulf, when Dubai becomes a full-service office with its own booking capacity.
Services booked here
- Coverage of Gulf institutions, sovereign-adjacent allocators and family groups
- Structured exposure to rare-market positions for Gulf counterparties, arranged with the Structured Credit desk
- Commercial Finance origination along the trade corridors from the Gulf to East Africa and South Asia
- Relationship management for Gulf families whose mandates are booked in Nassau
- Direction of the Doha and Manama offices and regional compliance reporting for the three Gulf entities
- Dirham and dollar settlement through Al Marsa Mercantile Bank, correspondent to the Gulf entities since 2023
Local entities
The register.
| Entity | Purpose |
|---|---|
| IGUAKO Capital (Gulf) Ltd. | Licensed arranging and advising entity; regional hub company |
| IGUAKO Gulf Co-Investment I Ltd. | Co-investment vehicle through which Gulf institutions take structured exposure to origination positions |
| Marina Gate Nominees Ltd. | Nominee company for regional structures; holds no client assets |
Regulatory approach
IGUAKO Capital (Gulf) Ltd. holds a financial services licence from the regulatory authority of the Dubai financial free zone in which it is incorporated. The licence permits arranging deals in investments, advising on financial products and arranging credit for professional clients and market counterparties. It does not permit dealing as principal, holding client assets or accepting deposits, and the entity does none of those things. The entity keeps capital above the minimum for its category, files quarterly prudential returns and an annual regulatory return, and is supervised on a risk-based cycle. Its compliance officer and money laundering reporting officer are resident in Dubai and report to Fenella Marsh-Adeyemi, General Counsel and Group Head of Compliance.
Regulatory notices
Six notices for United Arab Emirates.
Each notice combines the group standard with the provisions that apply in this jurisdiction.