UAE residents are leading a global shift to “mini retirements”, with HSBC survey showing rising wealth confidence and new lifestyle priorities
Wealth management
Latest in Wealth management
Asset Management
GCC asset management soars 9% to $2.2tn as Saudi Arabia, UAE lead
Boston Consulting Group report shows 9 per cent rise in 2024, with sovereign wealth funds and retail mutual funds fuelling regional momentum, UAE and Saudi Arabia stand out
Financial literacy
Dubai expands financial literacy drive to 75,000 students with young investor program
New phase of the Young Investor Program launched by KFE and National Bonds targets 50 private schools as part of Dubai’s Education Strategy 2033
EY
GCC wealth management transformed as investors embrace AI and demand transparent solutions with strong returns
Wealth managers in the GCC are adopting AI and engaging clients with personalised advice
National Bonds
UAE savings: National Bonds app relaunch drives 67% rise in savers
National Bonds reports major gains after app relaunch, including a 67 per cent rise in UAE savers
Abu Dhabi
UAE petrol prices to change; Dubai real estate hotspots; Millionaire investment tips; Leave guide and 2026 holiday dates – 10 things you missed this week
From UAE petrol prices and Saudi credit card reforms to real estate trends, remote work policies, and Ramadan 2026 dates — here are the top developments shaping life, business, and investment in the Gulf this week
Al Etihad Credit Bureau
Dubai residents can now instantly check credit scores online
Etihad Credit Bureau partners with DubaiNow to allow users to access credit reports and scores directly in-app
DIFC
Wealthbrix launches in DIFC to target rising demand from UAE’s next-gen millionaires and UHNWIs
Wealthbrix Capital Partners launches in DIFC to serve UAE’s booming millionaire and UHNWI population
bank account
Mashreq launches new saver account offering 6.25% interest and $1,360 cashback
Mashreq launches digital savings account with significant returns
DIFC
Dubai grants DIFC licence for Transamerica Life Bermuda as it boosts insurance for HNWI
High-net-worth insurer Transamerica Life Bermuda eyes Dubai expansion after securing DIFC licence
Bill Gates
Bill Gates announces plan to give away $200bn fortune
Bill Gates to give away “virtually all his wealth” as he confirms largest philanthropic commitment in modern history
Abu Dhabi
Abu Dhabi’s Lunate to acquire stake in wealth management firm Azura Partners
Azura headquarters to shift to ADGM in Abu Dhabi as part of the deal; New capital will help build AUM, talent, technology and footprint
ESG investments
Revealed: UAE, Middle East fast emerging as global capital for private wealth management
Ongoing global market turbulence drives wealthy elite to safer markets like the UAE and wider Middle East after suffering multi-billion losses
Ministry of Human Resources and Emiratisation (MoHRE)
UAE Savings Scheme offers workers alternative end of service benefits and investment opportunities
The UAE’s MOHRE is highlighting the benefits of Savings Scheme as an alternative end of service benefit investment
DIFC
DIFC report pinpoints coming $1tn generational wealth transfer
DIFC looks ahead to the future of inheritance ahead of enormous transfer of generational wealth
lunate
UAE investments: Wio and Lunate team up to offer automated ETF purchases
Wio Invest and Lunate collaborate to offer automated ETF investments