DIFC's Wealthy Families Manage $1.2 Trillion in Assets

Over 120 of the wealthiest families, headquartered in the Dubai International Financial Centre (DIFC), manage assets worth over $1.2 trillion globally, significantly contributing to the economy of the United Arab Emirates. In the UAE, the family sector accounts for approximately 60% of GDP and employs around 80% of the national workforce. During the Family Wealth Conference, DIFC unveiled new initiatives and partnerships. Over 1,250 family entities, including numerous international firms serving individual clients, are based at the 'Centre'. Among these initiatives is the 'Next Generation Leaders Program', developed in collaboration with partners including...