In a study commissioned by Emirates Investment Bank (EIB), 28% of the global investors voted the UAE as the number one place to invest. China came second on the list, with 21% of the votes, followed by Europe (21%), US (17%) and India (17%).
The survey results were published in EIB’s Wealth Insight Report 2014. The survey, which was conducted between November 2013 and January 2014, gathered the views of HNWIs (high net-worth individuals) with $2 million (Dh7.3 million) or more in investable assets from the UAE, Qatar, Kuwait, Saudi Arabia, Oman and Bahrain.
Industry experts said it is not surprising to see the majority of the wealthy choosing to put their money in the UAE, considering that the country has been outpacing other global economies, thanks to its growing services, retail, tourism, transportation, logistics and real estate sectors.
Download the report here