Competition among Middle Eastern private banks is heating up as the region becomes one of the world’s fastest-growing centres for private wealth. Euromoney’s 2026 ranking of the largest Middle East-headquartered private banks by assets under management (AUM) shows a market increasingly dominated by UAE-based institutions, where international millionaire inflows, entrepreneurial wealth creation and family office expansion are driving a new phase of regional growth.
Average AUM growth across the leading private banks in Euromoney’s ranking reached $14.8
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