Wealthy flock to UAE
Dubai and Abu Dhabi are in the top five of the world’s cities for high-net-worth individuals in 2025, according to a new report, underscoring the United Arab Emirates as a global destination for affluent individuals and investors.
Welcome back to Al-Monitor Business & Tech.
This week, we report on how two UAE cities are now in the top-five most desirable destinations globally for the wealthy to live in. We also look at why Israeli carrier El Al is reporting record profits, what came of Syrian President Ahmed Al-Sharaa’s high-stakes trip to Washington and how Egypt’s foreign reserves topped the $50 billion mark for the first time ever.
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