In a year marked by geopolitical flux and a surge of ultra-high-net-worth (UHNW) individuals relocating wealth to the UAE, Emirates NBD Private Banking has emerged as a leading steward for wealthy individuals and families in the region.
The Dubai-based institution, 56% government-owned and long a pillar of the GCC’s financial infrastructure, leveraged its hybrid model of local expertise and global reach to capture a record influx of capital in 2024 – a feat underscored by a 40% year-over-year revenue jump in the third quarter alone.
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