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The UAE remains top destination for wealthy in the Middle East

The UAE’s popularity as the top destination for the wealthy in the region is here to stay.
With an enticing array of tax advantages, vibrant business landscape, and strategic appeal, the UAE continues to captivate high-net-worth individuals (HNWIs) and businesses alike, according to experts.
According to the Brics Wealth Report earlier this year by investment migration advisory firm Henley & Partners in collaboration with New World Wealth, Dubai hosts 72,500 millionaires, with 212 classified as centi-millionaires and 15 as billionaires. Similarly, Abu Dhabi is home to 22,700 millionaires, including 68 centi-millionaires and five billionaires. People with a net worth of $100 million or more in investable assets are called centi-millionaires. The Emirates was expected to attract 4,500 more millionaires last year, according to a separate report by Henley & Partners in June 2023.
“The UAE has strategically transformed into a thriving global nexus of wealth,” says Mohammad A ....

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Wealth Tech Awards 2024: Winners' profiles - Professional Wealth Management

Wealth Tech Awards 2024: Winners' profiles - Professional Wealth Management
pwmnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pwmnet.com Daily Mail and Mail on Sunday newspapers.

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Dubai's Biggest Lender Emirates NBD Names Asarpota CEO of Investment Bank Arm

Dubai's Biggest Lender Emirates NBD Names Asarpota CEO of Investment Bank Arm
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Dubai's Biggest Lender Names Asarpota CEO of Investment Bank Arm

(Bloomberg) Emirates NBD PJSC appointed Hitesh Asarpota as chief executive officer of its investment banking division, replacing Mohammad Al Bastaki, who will become head of private banking at Dubai’s largest lender. Most Read from BloombergLots of US Homeowners Want to Move. They Just Have Nowhere to GoAsia’s Richest Families Fuel Race for Lucrative Finance JobsBurning Ship’s Operator Says Almost 500 EVs Are on BoardChina Stops Short of Direct Consumer Support to Spur EconomyStocks Waver as ....

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Emirates NBD wins 16 prestigious awards at the Bonds, Loans & Sukuk Middle East Awards

Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Türkiye) region, has won 16 prestigious awards at the annual Bonds, Loans & Sukuk Middle East Awards in recognition of its innovative financial solutions and unique capital ....

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