UAE – A Playground of The Rich and Famous
Super gathering of multinational superstars, royalties and HNWI in UAE Follow on Twitter @DubaiChronicle
View ArticleUAE Top Investment Choice for GCC’s Wealthiest
A new report found that the Unites Arab Emirates is the most attractive investment region for GCC’s wealthiest people. Also, together with Saudi Arabia, the UAE has the highest percentage of HNWIs...
View Article74% of GCC Wealth Resides in UAE and KSA
A research by Oxfam, published not long ago, stated that the global wealth distribution was unequal to a “staggering” extreme. The Gulf region is not an exception of this rule a new report has found...
View Article62 People Own Same Wealth as Half the World
Runaway inequality has created a world where 62 people own as much as the poorest half of the world’s population – a figure that has fallen from 388 just five years ago, according to an Oxfam report...
View ArticleFamily Businesses & Succession Planning in GCC Countries
As the GCC economy slows down due to declining oil prices, an important question presents itself: Where is the GCC money going? Even though there is no one definite answer, a good portion of the GCC...
View ArticleReal Estate emerges as the preferred asset class for Middle East sovereign...
Middle East sovereign investors have focused on increasing allocations to infrastructure and private equity over the last two years; however attitudes have changed in 2016, and for the first time fewer...
View ArticleWhere Ultra Rich Buy Second Homes in 2017
There are over 552,000 multi-millionaires worldwide, and 87% of them own and continue to buy second homes. The wealth analysts at New World Wealth (NWW) have compiled their annual report on second home...
View ArticleThe Wealthiest Cities in the World in 2023
When it comes to the number of resident millionaires, cities in the USA and China dominate the World’s Top 10 Wealthiest Cities, while only one European city, namely London, makes it onto the 2023 list...
View ArticleWealth Preservation Drives Surge in UAE Family Offices
The UAE’s financial wealth is on pace to see $300 billion growth from 2021 to 2026. Nearly 10,000 millionaires will have migrated to the UAE in a 2-year span by 2024. The UAE’s family office market is...
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