Gulf millionaires now more upbeat about global, regional economy
The GCC’s high networth individuals (HNWIs, with a minimum $2 million (Dh7,35 million) in investable assets) are much more positive…
Extremely Wealthy
274 articles found
Exhilarating conditions produce dramatic changes to EFG Sailing Arabia – The Tour leaderboard
Masirah Island was again the setting for an exhilarating day of racing on Saturday for the 10 international teams competing…
Bob Diamond steps down as chair of African banking group Atlas
Former Barclays chief executive Bob Diamond stepped down as chairman of Atlas Mara as the pan-African banking group he founded…
Swiss firm unveils UAE edition watch worth Dh2 million
Dubai is known as a paradise for luxury brands. Swiss watchmakers are quick to recognise this demand by introducing unique…
Egyptian group Orascom to expand across sub-Saharan Africa, Togo included
Orascom, the group owned by Egyptian business mogul Naguib Sawiris, Africa’s richest person according to Forbes, plans to invest in…
German Bank of Qatar’s Al-Thani Family Working on Takeovers
The German bank of Qatar’s Al-Thani family plans to double its assets under management over the next five years. Its…
Dubai Ruler in Talks to Buy Some of Europe’s Most Famous Luxury Hotels
Turkish billionaire Ferit Sahenk is in talks to sell some of Europe’s most famous luxury hotels to the investment firm…
Luxury jet-makers woo Mideast ultra-rich with cautious optimism for 2019
Plane makers unveiling new private aircraft featuring cinemas and Turkish hammams at 40,000 feet are pushing the ultra-luxurious widebody models…
New survey reveals areas where most of Dubai's millionaires live
Dubai is synonymous with the cities of the rich as the glamorous city is home to the highest number of…
Family offices become financial titans
Hussein sayed, a local anchor with cnbc, a tv network, beams from the stage as he welcomes participants to a…
Over Half Of Fine Art Collectors Have Purchased A Piece Online Sight Unseen – UBS
UBS Global Wealth Management has released a new report that unveils the majority of art collectors are going online and…
Why 38,000 multi-millionaires move to the UAE
The UAE continues to cement itself as the migration of choice for the mega rich, with tens of thousands of…