Dubai property booms as wealthy buyers escape lockdowns
Dubai’s property market is powering out of a six-year malaise as “lockdown dodgers” and wealthy international investors drive a buying…
Extremely Wealthy
274 articles found
Luxury labels Karl Lagerfeld and Bally go direct to UAE shoppers with own online stores
Karl Lagerfeld, the high priest of fashion, is setting up shop in the UAE and Middle East markets – an…
UAE shakes up residency rules by offering passports to wealthy expats
Airline bosses, tech entrepreneurs and a former Real Madrid footballer are among those to be granted United Arab Emirates nationality,…
UAE’s strong economy supports banking sector outlook
The UAE has a wealthy economy with strong fiscal and external positions that supports the fundamentals of its baking sector,…
Forbes Middle East reveals The World's Richest Arabs 2021
The world's richest Arab is still Egypt's Nassef Sawiris, with a net worth of $8.3 billion. Egyptian and Lebanese billionaires…
Saudi billionaire's investment firm posts $390m losses in 2020
The investment firm of Saudi billionaire Prince Alwaleed bin Talal on Wednesday announced a net loss of SR1.46 billion ($390…
Number of ultra rich in Middle East to boom in coming years
Global real estate consultancy Knight Frank has issued the latest edition of its Wealth Report, with the number of wealthy…
Succession planning in the Middle East
While Middle Eastern nations hold traditions close to heart, there are increasingly new considerations influencing how (U)HNW families and their…
31% UHNWIs in ME to buy property this year, says report
About 31% of ultra-high-net-worth individuals (UHNWIs) in the Middle East are planning on purchasing a new home in 2021, according…
COVID has worsened inequality even as the rich thrive: Oxfam
The 1,000 richest people on the planet recouped their COVID-19 losses within just nine months, but it could take more…
The ultra rich are lining up to pay $55,000 to fly in a private jet to the UAE or India and get the Covid vaccine way before all of us
If 2020 was the year of the coronavirus pandemic, 2021 is the year of the coronavirus vaccine. The super-rich…
A Shady Israeli Intel Genius, His Cyber-Spy Van and Million-dollar Deals
“Meet Tal Dilian, one of the oldest hands in the often murky world of cyber surveillance. The ex-Israeli intelligence officer…