Sunday 28 August 2016
 
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Wealth report

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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