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Middle East Wealth Management Forum 2020 - Exclusive Insights - Fadi Barakat - 2

Fadi Barakat of 

Jan 31, 2020

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1. Where is the most robust and organised financial centre for UHNW wealth?

Video transcript

1. Where is the most robust and organised financial centre for UHNW wealth?

The most recognised and the best financial centres remain in Europe, Switzerland, London. And in Asia, you have Singapore. These are uncontested in terms of history, credibility, talent, all the offering. However, the UAE is getting up there. The regulation is changing. It's getting more stringent, more credible. The Centre is still young - don't forget, it's about 15 years old - compared to other jurisdictions that have been there for much longer. So the pace of catching up is quite interesting. They're attracting a lot of talent. You have a lot of expats coming to work here and they love working here. So I think this Centre has big promises in the years to come.

 

 
 
 
 

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