Emirates NBD Capital KSA

What Emirates NBD Capital KSA does

Emirates NBD Capital KSA is a Saudi Arabian capital markets institution that delivers brokerage, investment banking, and investment management services to retail, qualified, and institutional clients. Operated as a closed joint stock company (CJSC) under Emirates NBD Bank PJSC — the Gulf's third-largest bank by market value — it is regulated by the Saudi Capital Market Authority under License No. 07086-37 with commercial registration 1010248476, and is headquartered in Riyadh. Its brokerage franchise provides trading access to TADAWUL (Saudi), ADX (Abu Dhabi), and DFM (Dubai) markets through the Emirates NBD Capital Online platform, the Emirates NBD Tadawul platform, a mobile application, and telephone/IVR channels, with a published commission of 0.105% plus VAT plus Tadawul's 0.05% plus VAT on local share transactions.

On the institutional side, the firm acts as mandated lead arranger, bookrunner, stabilization manager, and joint bookrunner for debt and equity capital markets transactions, complemented by discretionary and non-discretionary portfolio management, custody, margin and derivatives trading, securities lending, and structured products for qualified and institutional investors. Investment banking mandates executed or mandated include Daewoo E&C's $200 million syndicated term facility, Aldar's $1 billion hybrid notes, Dubai Aerospace Enterprise's $600 million bond, OMNIYAT's $600 million Sukuk, the du secondary offering, and a participating role in Saudi Aramco's $4 billion multi-tranche bond; the firm is also positioned as a lead manager on the potential EGA IPO (estimated $10–15 billion valuation).

The technology stack includes proprietary online and mobile trading interfaces, integration with Euroclear's Digital Financial Market Infrastructure (used to issue the Middle East's first AED-denominated digital bond, AED 1 billion), and the AlphaSense AI-powered research platform adopted to accelerate deal execution and client workflows. Revenue is generated through transaction-based brokerage commissions, episodic investment banking fees on capital markets mandates, and recurring investment management fees, distributed via a hybrid model of self-serve digital channels, branch footprint, and direct enterprise sales for capital markets transactions.

Name

Emirates NBD Capital KSA

Legal name

Emirates NBD Capital KSA CJSC

Website

https://emiratesnbdcapital.com.sa

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

Emirates NBD Capital KSA is a Saudi-licensed capital markets institution and wholly-owned subsidiary of Emirates NBD Bank PJSC, providing brokerage, investment banking, and investment management services to retail, qualified, and institutional clients across TADAWUL, ADX, and DFM markets.

Ownership category

akta.pro rank

Product category

Investment Banking

NAICS

Investment Banking and Securities Intermediation (52315)

SIC

Security Brokers, Dealers & Flotation Companies (6211)

akta.pro primary industry

Islamic Investment Banking & Capital Markets Services (FSABAGAG)

akta.pro secondary industries

Sukuk Origination & Structuring (Bank-led) (FSABAGAL), Islamic Private Banking & Wealth (FSABAGAD), Equity Prime Brokerage (Custody, Financing & Services) (FSACAFAB)

Keywords

• Investment banking services
• Securities brokerage
• Wealth management
• Capital markets advisory
• Asset management

Headquarters

HQ city

Riyadh

HQ country

Saudi Arabia

HQ region

Middle East

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Brokerage Commissions: Commission-based revenue from securities trading on Tadawul and international markets. Commission structure: 0.105% plus VAT (ENBD Capital KSA) plus 0.05% plus VAT (Tadawul) of transaction value for local stocks.
2. Investment Banking Fees: Fees from capital markets transactions including acting as mandated lead arranger, bookrunner, stabilization manager, and joint bookrunner for debt and equity offerings. Revenue earned from structuring and distributing securities for corporate and sovereign clients.
3. Investment Management Services: Fees from discretionary and non-discretionary investment management services, including portfolio management, custody services, and advisory services for qualified and institutional clients.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels4 records

Core offering

Emirates NBD Capital KSA is a Capital Market Institution regulated by the Saudi Capital Market Authority that provides brokerage services for trading in Saudi Securities on Tadawul and in international securities, investment banking services covering debt and equity capital markets advisory and arrangement, and a full suite of investment management services including discretionary and non-discretionary portfolio management, execution-only, margin and derivatives trading, securities custody and lending, and structured products. The offering is delivered to retail, qualified, and institutional clients through online, mobile, telephone, and branch channels.

Product overview

Emirates NBD Capital KSA is an investment company providing a comprehensive suite of investment banking and brokerage services in Saudi Arabia. The core offering consists of Brokerage services for trading on ADX/DFM and TADAWUL markets, and Investment Banking Services for capital structuring solutions. These are delivered through multiple digital channels including the Online platform, Mobile App, and Telephone Services. The company offers a full spectrum of investment management services including Discretionary and Non-Discretionary Management, Execution Only, Margin Trading, Derivatives Trading, Securities Custody, and Structured Products. The platform enables trading in domestic Saudi Securities on Tadawul as well as international securities across multiple exchanges.

Differentiator

Problem solved

Functional benefit

Products and services

• Brokerage Services
• Investment Banking Services
• Discretionary Investment Management Services
• Non-Discretionary Investment Management Services
• Execution Only Services
• Margin Trading Services
• Derivatives Trading Services
• Securities Custody Services
• Securities Lending Services
• Option Trading Services
• Investment Research and Information Services
• Structured Products

Quantifiable outcome

• Time to insight reduced by 50% through AlphaSense AI platform implementation

Named customers5 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Three partnerships are on record, tiered core and flagship.

• AlphaSensecoreTechnology or Integration · 2 March 2026Emirates NBD Capital adopted AlphaSense's AI-powered research platform to streamline deal execution and client presentation workflows. The implementation enabled the team to cut time to insight in half and expanded usage across investment banking and wealth management divisions.
• India Regulatory AuthoritiesflagshipOthers · 28 January 2026Emirates NBD Capital became the first Middle Eastern investment bank to secure merchant banking licence in India, allowing the firm to offer a full suite of equity and debt capital market services including IPOs and bond placements.
• EuroclearcoreTechnology or Integration · 11 January 2026Emirates NBD issued the Middle-East's first AED-denominated digital bond worth AED 1 billion using Euroclear's Digital Financial Market Infrastructure platform. The transaction was jointly managed with First Abu Dhabi Bank, Mashreq, and Standard Chartered, and listed on Nasdaq Dubai.

Scale indicators4 records

Recent moves1 record

Expansion highlights4 records

Direct peers

• Al Rajhi Capital: Investment banking and brokerage subsidiary of Al Rajhi Bank, one of Saudi Arabia's largest banks by assets. Overlaps with Emirates NBD Capital KSA across brokerage, discretionary portfolio management, and Saudi DCM/ECM mandates, with deep retail reach through Al Rajhi's branch network.
• SNB Capital: Capital markets arm of Saudi National Bank (SNB), the kingdom's largest banking group. Competes head-to-head with Emirates NBD Capital KSA in Saudi IB advisory, brokerage on Tadawul, and asset management, and frequently co-leads the same regional mandates.
• Mashreq: UAE-headquartered bank with a strong capital markets and investment banking franchise. Joint lead on the first AED digital bond alongside Emirates NBD Capital. Direct competitor for GCC DCM, ECM, and Sukuk mandates, with growing cross-border Asia-Gulf ambitions.
• Aljazira Capital: Investment arm of Bank AlJazira in Saudi Arabia, providing brokerage on Tadawul, asset management, and investment banking. Directly competes with Emirates NBD Capital KSA in the Saudi retail brokerage segment and on selected Saudi equity mandates.
• Emirates NBD Securities: UAE-based brokerage and capital markets subsidiary of Emirates NBD Group, sharing the same parent as Emirates NBD Capital KSA. Comparable across ADX/DFM brokerage, retail trading platforms, and securities services — the closest internal peer and a natural competitor for cross-border UAE–Saudi retail flow.
• Saudi Fransi Capital: Investment banking and brokerage subsidiary of Banque Saudi Fransi. Offers brokerage, IB advisory, and asset management in Saudi Arabia, directly competing with Emirates NBD Capital KSA for mid- and large-cap Saudi mandates and qualified investor flows.
• First Abu Dhabi Bank (FAB): UAE's largest bank and a regional bulge-bracket competitor. Joint-managed the first AED digital bond with Emirates NBD and is a fellow mandated bookrunner on the potential EGA IPO. Direct peer on GCC DCM, ECM, and Sukuk mandates.
• Alinma Investment: Shariah-compliant investment services arm of Alinma Bank in Saudi Arabia. Offers brokerage, asset management, and IB advisory, with a particular focus on Shariah-compliant products — directly comparable to Emirates NBD Capital KSA's Islamic finance offering including Sukuk mandates.
• Riyad Capital: Saudi Arabia-headquartered investment banking and brokerage arm of Riyad Bank, offering brokerage on Tadawul, asset management, and IB services. Directly competes with Emirates NBD Capital KSA for retail brokerage share on Tadawul and for Saudi equity capital markets mandates.

Broad incumbents

• Goldman Sachs: Global bulge-bracket investment bank with a growing Middle East franchise. Currently mandated alongside Emirates NBD Capital on the potential $10–15bn EGA IPO. Sets the upper bound of competition on large Gulf ECM and cross-border mandates.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xtwitter.com/EmiratesNBD_AE
• YouTubeyoutube.com/user/EmiratesNBDChannel
• Facebookfacebook.com/EmiratesNBD
• LinkedInlinkedin.com/company/emirates-nbd-capital
• Instagraminstagram.com/emiratesnbd_ae

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments2 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Emirates NBD Capital KSA