Novaar Limited, a Gulf-based family office platform, has opened a proprietary investment office in the Dubai International Financial Centre (DIFC).
Novaar will serve as a turnkey investment management and advisory platform for Prince Saud bin Mansour bin Faisal bin Saud bin Abdul Aziz Al Saud and participating members of his family. Novati Group International and Harald Quandt Holding advised the formation of Novaar.
"Those committed to the continued growth of the Gulf are well served by a strong point of connectivity with Dubai. DIFC continues to woo world-class legal, financial and management professionals, which serve to advance the opportunities available to those who affiliate their interests with this global centre."