Monday 23 December 2024
 
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HNWI

UAE top wealth management location for HNWIs

The UAE’s tax efficient system and sustainable economic model make it the most attractive wealth management destination for High Net-Worth Individuals (HNWIs) in the GCC, said Emirates Investment Bank (EIBank) in a new report.

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UAE top wealth management location for HNWIs

The UAE’s tax efficient system and sustainable economic model make it the most attractive wealth management destination for High Net-Worth Individuals (HNWIs) in the GCC, said Emirates Investment Bank (EIBank) in a new report.

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Investment migration sees surge as borders tighten

The unsettling world climate has prompted an increased emphasis on physical safety and financial security, motivating high net worth individuals to explore investment migration programmes as a means of reducing their exposure to risk, said an in

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Dubai fifth most preferred city globally for HNWIs

Dubai, UAE has emerged as the fifth most important hub in the world for wealthy individuals, according to a survey of UHNWIs (ultra-high net worth individuals) by global property consultancy Knight Frank. Dubai’s ranking ros

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GCC retains investment appeal for HNWIs: report

Despite the falling oil price and geopolitical instability, the GCC remains an attractive investment destination for high net-worth individuals (HNWIs), a report said, adding that 76 per cent prefer to keep their assets close to home.

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ME residents 'own most luxurious yachts in the world'

Superyacht owners from the Middle East own the longest and most luxurious yachts in the world, according to the Superyacht Builders Association (SYBAss).   The association's members are set to take part at th

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Private wealth tops $1m in 3.3pc of UAE households

UAE ranks 12th globally in the proportion of millionaire households, with 3.3 per cent holding private wealth of at least $1 million, according to a recent report issued by Boston Consulting Group (BCG). The report from the intern

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Number of millionaires ‘increasing in Bahrain’

Bahrain has one of the region's fastest-growing high-net-worth individual (HNWI) populations, according to a new report from WealthInsight. Forecasting a growth rate of 4.1 per cent on average till 2019, the 'Business stra

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HNWIs positive about GCC economic progress

High net worth individuals (HNWIs) in the GCC are more positive about the economic situation in the Gulf region than globally, a report said. High net worth individuals (HNWIs) in the GCC are more positive about the economic situa

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Super-rich shaping world property market

Private wealth is increasingly shaping the world’s real estate markets and the use of private equity in major property deals worth at least $10 million has nearly trebled since 2009, said a report. Real estate now accounts f

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