money magnet

More hedge funds, wealth management firms open in Dubai

Nearly 10,000 high-net-worth individuals are likely to move to the UAE this year, more than to any other country in the world

Dubai International Financial Centre, an investment hub in the Middle East. (Photo: Getty Images)

DIFC

The Gate building at the entrance to the Dubai International Financial Centre

The influx of hedge funds, asset management firms and family offices to Dubai is gaining momentum as the city becomes a more powerful magnet for international wealth.

The number of funds setting up shop in the Dubai International Financial...