Page 190 - AAE PR REPORT - June 2024
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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.

















































































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