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About Nuvanta

An independent house, licensed for the long term.

Nuvanta Capital is an independent asset and investment manager, licensed and domiciled in the Dubai International Financial Centre and regulated by the Dubai Financial Services Authority — built to deliver transparent, disciplined, and client-focused investment solutions, with the highest standards of governance and regulatory compliance.

Who we are

Independence, formalised.

Nuvanta Capital Limited is a financial services firm licensed and domiciled in the Dubai International Financial Centre (DIFC), operating as an independent asset and investment manager under Prudential Category 3C of the Dubai Financial Services Authority (DFSA) regulatory framework.

We specialize in asset management, investment advisory, custody arrangements, investment execution, and credit advisory — see the full detail under Services & Solutions. Our mission is to deliver transparent, disciplined, and client-focused investment solutions, while maintaining the highest standards of governance and regulatory compliance.

Client assets are never held by us — they sit at a regulated custodian bank in the client's own name, and our authority over them is strictly limited. See how the model works.

Reach

Where we operate

Headquartered in the DIFC, serving clients across the region and beyond.

Where Nuvanta Capital operates A stylised world map with five highlighted markets: the United Arab Emirates, the wider GCC, the MENA region, Europe, and Asia. United Arab Emirates GCC MENA Europe Asia
United Arab Emirates GCC MENA Europe Asia

TODO — pull-quote in the firm's own words, plus its attribution. Removed rather than reworded: the previous line was invented during the build and attributed to the firm as its founding belief. Delete this section entirely if the firm does not want a quote here.

The team

Leadership

Decades of banking and wealth management leadership across the GCC, brought together to build an independent house.

Hussein Elsokkary, Founder & CEO of Nuvanta Capital
Founder & CEO

Hussein Elsokkary

Over 25 years building and leading financial services businesses across the GCC and Africa, with senior executive roles at Citibank, HSBC, Standard Chartered, ADIB, National Bonds Corporation, and Azimut DIFC.

  • Built entire businesses from the ground up — full ownership of P&L, strategy, and growth
  • Led large-scale digital transformation and market expansion
  • Launched Shari'ah-compliant investment offerings
Mohamed Farghaly, Founding Partner & Chairman of Nuvanta Capital
Founding Partner & Chairman

Mohamed Farghaly

Over 15 years in private banking, wealth management, and investment advisory across the UAE. Prior to co-founding Nuvanta Capital, he held senior positions at Mashreq Bank, Abu Dhabi Islamic Bank (ADIB), and Noor Bank, advising HNW and UHNW clients on portfolio management, strategic asset allocation, and tailored investment solutions.

  • Provides strategic leadership and drives the firm's long-term vision
  • Strengthens Nuvanta's institutional partnerships
  • Committed to integrity, excellence, and long-term client value
Soha Selim, Executive Director of Nuvanta Capital
Executive Director

Soha Selim

Over 12 years in UAE banking and wealth management, with senior roles at Dubai Islamic Bank, Emirates NBD, Mashreq, and Banque Misr UAE. Specializing in wealth management, private banking, and investment advisory for high-net-worth and ultra-high-net-worth clients, with expertise in delivering tailored financial solutions built on professionalism, integrity, and discretion.

Ownership

The Shareholders

Backed by principal investors with independent track records across retail, real estate, and industry — capital discipline from outside financial services.

Ehab F. Shenouda

Ehab F. Shenouda

Shareholder

Founder of Felopateer Palace, grown over 20 years into one of Egypt's leading retailers of luxury Swiss watches and jewellery. Developed ICON, a luxury retail destination in New Cairo, expanding the group into large-scale retail development.

Hussein Bakry

Hussein Bakry

Shareholder

Business leader across travel retail, duty-free, and real estate in Egypt and the UAE. Chairman of Egyptian Libyan Duty Free Shops Company and Golden Sun Duty Free Company, a partner in New Plan Developments Company, and a manager at Global Travel Retail Co. L.L.C-FZ.

Mohammed El Maddah

Mohammed El Maddah

Shareholder

40+ years in architectural products and electrical equipment across the UAE; founder of Al Shrouq Electrical Company. Spearheaded strategic partnerships with leading international manufacturers, including RAGNI (France), Grechi Light (Italy), Conchiglia (Italy), Indo Asian (India), and Al-Babtain Power & Telecommunication (Saudi Arabia), contributing to the successful delivery of landmark infrastructure and lighting projects across the region.

Faisal Shedid

Faisal Shedid

Shareholder

CEO of Al Aqwza Contracting in Egypt since March 2019. Responsible for strategic planning, organizational change, public relations, and board accountability. Previously Board Member of Alqmaeaa Contracting Company (2009–2019), with a background spanning engineering, site operations, and contract negotiation. Holds a B.Sc. in Law from Cairo University.

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Let's talk about the long term.

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