Wednesday 13 November 2024
 
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HNWI

Stashaway launches HNWI offering in Mena

StashAway, a digital investment platform, has launched a wealth management offering for high-net-worth individuals (HNWIs), StashAway Reserve, in the UAE.    This follows the success of StashAway Reserve in

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HNWI travellers driving Mideast luxury hotel boom, says expert

The global luxury hospitality sector is experiencing significant growth, driven by an influx of affluent travellers seeking exclusive personalized experiences. This is particularly true in the Middle East, a region with ambitious projects attr

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Luxury Hotel Boom: Key drivers shaping the global trend

The global luxury hospitality sector is experiencing significant growth, driven by an influx of affluent travellers seeking exclusive personalized experiences. This is particularly true in the Middle East, a region with ambitious projects attr

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33pc of GCC HNWIs invest in UK real estate last 12 months

Some 33% of GCC High Net Worth Individuals (HNWI) invested in UK’s real estate in the last 12 months, said Select Property, a leading UK-based property developer and investment partner.   Moreover, Middle E

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Nomura launches wealth management business in Dubai

Nomura, a global financial services group, has expanded its International Wealth Management business with new premises in Dubai International Financial Centre (DIFC).    Nomura announced last year that it wo

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Global HNWIs ready to spend $2.8m on Abu Dhabi real estate

  Global high-net-worth individuals (HNWI) are ready to spend $2.8 million in the real estate of Abu Dhabi, which has transformed itself into a global tourist and investment hotspot, repositioning itself over the last

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HNWIs fuel Dubai real estate; market to hit $81.6bn

A 62% increase in the number of high-net-worth individuals (HNWIs) living in Dubai from 2012 to 2022 has placed the city’s real estate market on a trajectory to achieve AED300 billion ($81.69 billion) in sales this year, Unique Propertie

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Dubai has 67,900 millionaires says report

The total number of  high net worth individuals (HNWI) --  people with a wealth of $1 million or more -- is about 67,900 in Dubai as of June 2022, says a report.   Strategy consultancy Webster Pacific h

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Most Mideast HNWIs ‘lack succession plan for family business’

A majority of high-net-worth individuals (HNWIs) in the Middle East are aware of the importance of effective succession planning, but do not have a wealth succession plan in place for their family businesses, a report said. Given

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$500bn super city Neom tops Saudi home buyers' wish-list

Saudi Arabia’s $500 billion super-city Neom, which aims to be the world’s most innovative, sustainable and technologically advanced when completed, has been named as the most preferred location to buy a home by the kingdom’s

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