Page 190 - AAE PR REPORT - June 2024
P. 190
5/30/24, 8:43 AM Dubai’s IPO boom positions city as thriving hub for capital markets: Report
Dubai’s allure as a financial hub is evident in the record-breaking influx of high-net-
worth Individuals (HNWIs). In 2022 and 2023, the UAE saw a significant increase in
resident HNWIs. Current estimates indicate 109,900 HNWIs, including 298 centi-
millionaires and 20 billionaires. This influx has strengthened the presence of asset
management firms, with DIFC now hosting approximately 370 asset managers.
https://economymiddleeast.com/news/dubai-ipo-boom-positions-city-as-thriving-hub-for-capital-markets-report/ 3/3