Wednesday 23 May 2018
 
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Wealth report

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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Mideast leads in homes owned by UHNWIs

The Middle East ranks in first place in terms of number of first and second homes owned by the ultra-high-net-worth individuals (UHNWIs), a report said. Middle Eastern ultra-wealthy individuals own an average of 4.0 homes just ahe

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GCC assets under management set to double to $110bn

GCC fund managers expect to more than double their assets under management (AuM) from $45.8 billion in 2016 to $110.9 billion in 2020, according to a new report published by the Dubai International Financial Centre (DIFC). Publish

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Classic cars continue as top luxury spend

Despite uncertainties in economic conditions, the appetite for wealthy collectors remains robust as individuals turn to tangible investments such as cars and paintings, which are likely to appreciate in value, said an industry expert.

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Global ultra-wealthy numbers slip 3pc in 2015

The number of ultra-high-net-worth individuals (UHNWIs) - those with $30 million or more in net assets - declined by 3 per cent worldwide last year (2015), a report said. There are now around 187,500 UHNWIs around the world, down

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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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Classic cars top luxury investment index

Classic cars topped a major annual index which tracks the price growth of 10 luxury investment sectors. The Knight Frank Luxury Investment Index (KFLII), from the top property consultancy, rose in value by 10 per cent during 2014,

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Classic cars top luxury investment index

Classic cars topped a major annual index which tracks the price growth of 10 luxury investment sectors. The Knight Frank Luxury Investment Index (KFLII), from the top property consultancy, rose in value by 10 per cent during 2014,

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Qatar tops region in individual net worth

The global net worth per adult in Qatar stands at $145,596, marking the highest among the GCC countries, according to Credit Swiss Bank Global Wealth Report 2013. Wealth per head in the UAE has reached $120,363, in Oman it stands

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