The latest Wealth-X research revealed that while only eight per cent the UAE's ultra wealthy inherited all of their fortunes, 35 per cent partially inherited, and then grew their wealth.
The latest Wealth-X research revealed that while only eight per cent the UAE's ultra wealthy inherited all of their fortunes, 35 per cent partially inherited, and then grew their wealth.
Ministers praise policies that aim to increase economic diversification.
Executives from diverse vertical industries across the region shared observations about their operations and market performance.
In its updated outlook for the region, the bank said China's GDP is expected to grow by 6.9 per cent this year.
The UAE's fiscal balance is projected to turn negative this year for the first time since 2009.
SOMWME is the region's leading event for the workboat and offshore marine industries which will focus on the challenges and opportunities facing owners, operators and regional governments involved in the offshore marine and workboats sector.
Emirates NBD PMI for UAE falls but still remains strong at 56.
Global Islamic Economy Summit reflects efforts to turn Dubai into a global capital of Islamic economy.
Institutions lack tools to identify systemic risks, says executive
Official growth figures last year were the slowest in nearly a quarter of a century.