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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. Low oil prices will constrain the amount of funding available to Gulf sovereigns and banks to support the region's substantial infrastructure bill in coming years; S&P projects a gap as large as $270 billion through 2019 between capital spending for projects and project contracts awarded.
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