Wealth of Middle Eastern women reaches USD 786 billion
The Wealth of Middle Eastern women has reached USD 786 billion in 2019, with a 9 percent CAGR increase forecast by 2023, according to Boston Consulting Group.
UHNWI
Samer Khoury: The billionaire who is saving Bethlehem
Samer Khoury is not a diplomat, which makes his self-assigned mission of restoring the little town of Bethlehem that much harder.
Businessman Raj Sahni has done it again
Dubai-based Indian businessman Raj Sahni has paid AED 4.52 million (USD 1.24 million) for a distinguished mobile phone number.
Market for private jets expected to grow
Nearly 293 mid to large private jets were delivered to the Middle East between 2006 and 2015, with an estimated combined value of over $14.65 billion.
Man on a Mission: Billionaire Naguib Sawiris
As the head of Orascom Telecom Holding, Sawiris grew the company into one of the world’s largest emerging markets telecoms players.
Dr. B.R. Shetty: From medical rep to tycoon
When Dr. B.R. Shetty first set foot in the UAE 43 years ago, he could never have imagined the impact he was going to have on the newly-formed country.
Saudi tycoon Walid Al Juffali dies
Saudi billionaire businessman Walid Al Juffali has died in Zurich, Switzerland after a battle with cancer. He was 61.
Billionaires Alwaleed and Menon join the Giving Pledge
The Giving Pledge announced the addition of 17 new individuals and families to the pledge since June 2015, bringing the current total of signatories to 154.
Alabbar invests €100m in fashion retailer Yoox Net-A-Porter
Yoox Net-A-Porter Group announced the execution of a dedicated capital increase of €100 million to be entirely subscribed for by Alabbar Enterprises.