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Email this article: Markets looking for leadership, says Emirates NBD investment strategist
Posted: Wed June 27, 2012 4:55 pm
UAE. All eyes now are on the European summit of 28 June for evidence that the continent's leadership is moving in the direction of a Europe-wide system of cross-guarantees for bank deposits and fiscal policies, says Mark McFarland, Chief Investment Strategist, Private Banking, Emirates NBD.
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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.