INSEAD Day 4 - 728x90

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

UAE ahead of US, UK as millionaire destination

Highest number of high-net-worth individuals may move to the UAE this year.
  • Destinations such as Australia, Singapore, Israel, Switzerland, the United States, Portugal, Greece, Canada and New Zealand are behind UAE as preferred millionaire destinations.
  • Henley Global Citizens Report estimates that 15,000 High Net Worth Individuals could leave Russia by the end of this year.

The United Arab Emirates (UAE) is expected to attract highest number of super-rich people during 2022, overtaking other preferred destinations of the rich, such as the US, UK, and Russia,  according to the latest Henley Global Citizens Report.

Destinations such as Australia, Singapore, Israel, Switzerland, the United States, Portugal, Greece, Canada and New Zealand are behind the UAE as preferred millionaire destinations.

However, many millionaires may also move to Malta, Mauritius, and Monaco. TRENDS explains this inflow in numbers: