Citi has appointed Rajeev Garg as the new Head of Wealth for Citibank N.A., UAE, effective June 18, 2026.
The world’s high-net-worth individual (HNWI) population of nearly 23 million individuals who collectively hold close to $87 trillion in wealth are reshaping global investment priorities, says a DIFC report which highlighted that the UAE attracted 9,800 new millionaires in 2025.
GFH Group, a leading regional financial group with interests in asset management and real estate sectors, has reported a 18.2% growth in its net profit for FY 2025 which rose to $140 million, supported by higher income from its wealth and investment management, credit and treasury businesses.
