Wealth Management
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U.S. Mayo Clinic partners with Abu Dhabi to operate hospital
The multispecialty hospital will be staffed by 2,240 caregivers, including more than 440 internationally trained physicians.
Reuters News
Dubai's Albwardy to buy Zimbabwe's Meikles Hotel for $20mln
Albwardy is expected to spend up to $30mln in upgrading the hotel
Reuters News
$500bln in family wealth ‘will pass to nextgen in Mena’
According to WealthX more than $15trln worth of family wealth will be passed over to the next generations globally
TradeArabia
How the new UAE law will help debt-ridden residents
The law addresses debtors' inability to pay their debts due to bankruptcy and debt default
Khaleej Times
UAE property insights: Removing upper age limit for mortgages could spur demand
A circular was issued by the UAE central bank in October remove the maximum age limit requirement as at the time of last repayment.
ZAWYA
Bill Gates’ energy ventures have 50% success chance, still he supports innovations
The world’s richest man said he would be interested in collaboration with the UAE in renewable energy sector
WAM (Emirates News Agency)
Billionaire-controlled firms return almost twice average market potential
Globally, the strong dollar and volatile equity markets saw billionaire wealth decrease to $8.5 trillion after five years of growth
The Saudi Gazette
Emaar homes emerge star attraction for buyers in 2019: report
There were 7,214 sales registrations involving homes built by the Burj Khalifa developer in the first nine months of this year
TradeArabia
Financial inequality among biggest global challenges: UAE Minister
Experts around the world are trying to use the Fourth Industrial Revolution to narrow the financial inequality gap, said Gergawi
ZAWYA