Business, Banking & Finance

Billionaires’ average wealth up by $1bn this year

Thu, May 18, 2023

The average wealth of the world’s 500 wealthiest billionaires has increased by more than $1.1 billion this year, according to a new analysis. ...

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Investors hope to retire early

Tue, Mar 21, 2023

People who invest their wealth expect, on average, to retire three years earlier than non-investors, a survey by global market research firm YouGov ...

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Investment house Ardian opens office in Abu Dhabi

Tue, Jan 31, 2023

Ardian, a world-leading private investment house, opened an office at Abu Dhabi Global Market on Al Maryah Island, reinforcing its long-term commit ...

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Investors changing strategies in face of challenges

Wed, Dec 7, 2022

A majority (61%) of investors are more actively managing their wealth and making changes to their investment strategies, given current economic cha ...

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New York top city for millionaires

Tue, Sep 13, 2022

The USA dominates the world’s Top 20 cities with the most millionaires in 2022, with New York taking the crown with 345,600 millionaires. ...

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Olayan Group tops Arab family firms list

Wed, Sep 7, 2022

Thirty-seven of the top Arab family firms are based in Saudi Arabia, according to the Forbes Middle East’s annual list of the Top 100 Arab Fa ...

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UAE personal wealth to hit $1 trillion by 2026

Thu, Jul 28, 2022

The United Arab Emirates (UAE) financial wealth will experience a sturdy Compound Annual Growth Rate (CAGR) of 6.7% in new wealth, rising from $700 ...

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Top 100 CEOs in Mideast manage $1 trillion revenues

Thu, Jul 7, 2022

spanTop 100 C-suite executives made significant contributions to the region's economies while overall managing revenues of over over $1 trillion ...

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Residency schemes good investment option: agency

Sun, Jun 26, 2022

As the influx of new digitized assets continues to soar, investors around the globe have more options than ever to diversify their wealth. ...

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HNWIs keen to return to experiential spending

Sun, Jun 19, 2022

There is a strong intention among high-net-worth-individuals (HNWIs) to return to experiential spending on leisure activities and travel, apart fro ...

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Aramco enters top 20 most valuable brands list

Wed, Jun 15, 2022

Aramco, one of the world’s largest integrated energy and chicals companies, has powered itself into the top 20 of the most valuable global ...

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Global wealth grows 10.6% to $530trn

Wed, Jun 15, 2022

Global wealth soared 10.6% to $530 trillion in 2021, compared to $479 trillion in 2020, according to a new report. The value represents the ...

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UAE top draw for millionaires

Mon, Jun 13, 2022

The UAE is expected to attract the largest net inflows of millionaires globally in 2022, overtaking many rich nations, according to the latest Henl ...

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Julius Baer plans expansion into Qatar

Tue, Jun 7, 2022

Julius Baer, a leading Swiss wealth managent group, has announced its plans to tap into the Qatar market by opening an Advisory Office in the Qat ...

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Ultra-rich donate $175bn in 2020

Thu, Feb 10, 2022

In 2020, global philanthropic giving around the world totalled approximately $750 billion and about $175 billion of this came from ultra-wealthy in ...

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