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Email this article: Middle East high net worth individuals hold 41% of their treasure assets for financial motivations, ranking the region highest globally
Posted: Mon June 11, 2012 12:23 pm
UAE. Globally, HNWIs hold on average 10% of their total net worth in treasure assets, compared to 18% in the UAE, 17% in Saudi Arabia and 2% in Qatar; 41% of global respondents feel that there is a duty to share their treasure assets for the good of society.
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UAE. Total wealth in the GCC stood at US$ 1.7 tillion in 2014, up 4.75% from 2013; Total wealth in Saudi Arabia and UAE grew by 5%; Global household wealth up 8.3% to US$263 trillion, driven by the US and Europe, according to Credit Suisse Research Institute.
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