MEA Finance - July-August 2022

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WEALTH & INVESTMENT

Increasing in Stature Samira Zakour Managing Director & Head of Global Head of Private Banking & Key Client Group, at FAB explains what is making the region become one of the leading centres of wealth management, and that while generational changes are reshaping methods and the way business is done, there are some things in this market that will not change

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Banking and Finance news in the MEA market

W

hat is driving the growth of wealth management and investment services in the GCC and the Middle East?

MENA is quickly becoming one of the most important destinations for wealth management clients. In fact, a recent report by Henley & Partners indicated that the UAE was expected to attract about 4,000 millionaires this year, becoming the main destination for the wealthy and the ultra-wealthy. It is understandable too. The UAE has stood out first for its management of the pandemic, which was one of the best in the world, and its safety and stability. Global wealthy


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