Close Menu
    What's Hot

    Cedar-IBSi Capital secures key funding from KSH Investments

    November 10, 2025

    Freehold demand, FDI surge drive Sharjah realty to record highs

    November 10, 2025

    Penthouses lead Dubai’s ultra-luxury property market

    November 10, 2025
    Facebook X (Twitter) Instagram
    • Politics
    • Economy
    Facebook X (Twitter) Instagram
    Gulf News Week
    Subscribe
    Monday, November 10
    • Home
    • Politics
      • Europe
      • Middle East
      • Russia
      • Social
      • Ukraine Conflict
      • US Politics
      • World
    • Region
      • Middle East News
    • World
    • Economy
      • Banking
      • Business
      • Markets
    • Real Estate
    • Science & Tech
      • AI & Tech
      • Climate
      • Computing
      • Science
      • Space Science
      • Tech
    • Sports

      Stunning Albatross Propels Rai Into Shared Lead With Fleetwood at Abu Dhabi Championship

      November 8, 2025

      Williamson Steps Down from T20 Internationals, Eyes Test Future

      November 8, 2025

      Salik Adjusts Toll Timings for Dubai Ride 2025 to Ease Weekend Traffic

      October 31, 2025

      Club World Cup marked by empty seats, searing heat, weather-delayed matches and Chelsea victory

      July 14, 2025

      In an era prizing velocity, more than 20,000 curveballs a year have disappeared from MLB

      July 14, 2025
    • Health
    • Travel
    • Contact
    Gulf News Week
    Home»Other News»Dubai rises as hub of choice for MNCs, family offices
    Other News

    Dubai rises as hub of choice for MNCs, family offices

    Dr Issac PJBy Dr Issac PJAugust 18, 2025Updated:August 26, 2025No Comments5 Mins Read
    Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email VKontakte Telegram
    Dubai rises as hub of choice for MNCs, family offices
    Share
    Facebook Twitter Pinterest Email Copy Link

    Dubai’s reputation as a premier global destination for multinational corporations, family-owned enterprises, and high-net-worth individuals has accelerated significantly in 2025, underlined by a surge in new entrants and record levels of wealth migration.

    The Dubai International Chamber announced that it attracted 143 new companies in the first half of the year, including 31 multinational corporations, representing a 138 per cent increase compared to the same period last year.

    Small and medium-sized enterprises also showed robust growth, with 112 firms joining in the first six months compared to 47 in H1 2024, highlighting the emirate’s ability to appeal to both global giants and entrepreneurial ventures.

    This momentum has been echoed across Dubai’s free zones and financial centres. The Dubai Multi Commodities Centre reported welcoming over 1,100 companies in the first half, taking total membership to nearly 26,000, while its Crypto Centre now hosts more than 700 firms, including global names like Bitcoin.com and Animoca Brands.

    Sultan Ahmed bin Sulayem, chairman of Dubai International Chamber, said the chamber is making strong and steady progress in consolidating Dubai’s position as the global destination of choice for foreign direct investment and a launchpad for companies targeting international growth. “This momentum is fuelled by Dubai’s unique competitive advantages, which include world-class infrastructure, a pro-business regulatory environment, and a strategic location connecting global markets.”

    The Dubai International Financial Centre, meanwhile, added several high-profile financial institutions in recent months, including PIMCO, Manulife, Silver Point Capital, Baron Capital and China International Capital Corporation, with the number of regulated entities rising 17 per cent year-on-year to 980. Such growth underscores Dubai’s increasingly central role as a hub for global capital and financial innovation.

    Alongside corporate inflows, Dubai is experiencing a historic wave of family offices and wealthy individuals relocating to the emirate. Around 200 family offices have established themselves in Dubai’s offshore financial centre over the past year, bringing the total close to 800, many of them moving from Switzerland and other European jurisdictions in response to tightening regulation and higher tax regimes.

    Dubai’s privacy, flexible structures, and favourable inheritance and ownership rules offer strong advantages, according to business analysts. The UAE is now home to three-quarters of all Middle Eastern family offices, with assets under management projected to reach $500 billion by the end of 2025, more than double current levels.

    High-net-worth individuals are arriving in even greater numbers. According to Henley & Partners, nearly 10,000 millionaires and billionaires moved to the UAE in 2025, with Dubai capturing the lion’s share, bringing $63 billion of investable wealth into the country. The city is expected to welcome 7,100 millionaires this year alone, including over 200 centi-millionaires and at least 15 billionaires, giving Dubai more than a quarter of the Middle East’s total private wealth. Knight Frank’s Wealth Report highlights that

    Dubai now counts over 72,000 resident HNWIs, with this figure projected to grow by nearly 50 per cent by 2030. Luxury property is a major draw, with 68 per cent of wealthy global investors planning to acquire homes in Dubai this year and an average intended spend of USD 32 million, supported by record-breaking transactions in Palm Jumeirah and Downtown Dubai.

    The arrival of global wealth has spurred further expansion of wealth management firms in Dubai, with international players such as Rothschild & Co, St James’s Place, and UBS scaling operations in the DIFC. The emirate has become the world’s top destination for relocation of the ultra-wealthy, surpassing traditional centres such as London, New York and Singapore, and climbing into seventh place on the Julius Baer Global Wealth and Lifestyle Index. Rising property prices and growing demand for premium services reflect Dubai’s strengthening position as a magnet for global wealth, while its infrastructure and tax framework ensure that it remains competitive against rival destinations.

    Family-owned enterprises, which account for about 60 per cent of the UAE’s GDP, are also turning to Dubai as a base for global expansion. Recent initiatives, including new advisory services launched by the Dubai Centre for Family Businesses, are helping them strengthen governance, prepare for succession, and access international capital. Such measures provide confidence to intergenerational firms looking to use Dubai as a launchpad for growth beyond the region.

    Underlying this surge is Dubai’s unique combination of pro-business regulation, strategic location, world-class infrastructure, and lifestyle appeal. The city connects to over two-thirds of the world’s population within an eight-hour flight and is supported by modern airports, seaports, and logistics facilities that make it an unrivalled global gateway. Reforms such as the introduction of long-term Golden Visas, retirement residency schemes, 100 per cent foreign ownership in most sectors, and the creation of common-law jurisdictions such as DIFC and ADGM have made the city one of the most flexible and attractive investment environments worldwide.

    The Dubai Economic Agenda D33, which aims to double the size of the economy to Dh32 trillion by 2033, provides a clear roadmap for sustained expansion and greater integration into global trade networks

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
    Dr Issac PJ

    Related Posts

    Editor's Choice

    Cedar-IBSi Capital secures key funding from KSH Investments

    November 10, 2025
    Editor's Choice

    Freehold demand, FDI surge drive Sharjah realty to record highs

    November 10, 2025
    Editor's Choice

    Penthouses lead Dubai’s ultra-luxury property market

    November 10, 2025
    Middle East

    Syria’s al-Sharaa on historic visit to US, here’s what you need to know

    November 10, 2025
    Editor's Choice

    Mid-income buyers in Dubai drive demand for more affordable apartments

    November 10, 2025
    Middle East

    Iran dismisses US accusation of plot to kill Israeli ambassador in Mexico

    November 10, 2025
    Add A Comment
    Leave A Reply Cancel Reply

    Editors Picks

    Cedar-IBSi Capital secures key funding from KSH Investments

    November 10, 2025

    Freehold demand, FDI surge drive Sharjah realty to record highs

    November 10, 2025

    Penthouses lead Dubai’s ultra-luxury property market

    November 10, 2025

    Syria’s al-Sharaa on historic visit to US, here’s what you need to know

    November 10, 2025
    Latest Posts

    Cedar-IBSi Capital secures key funding from KSH Investments

    November 10, 2025

    Freehold demand, FDI surge drive Sharjah realty to record highs

    November 10, 2025

    Penthouses lead Dubai’s ultra-luxury property market

    November 10, 2025

    Subscribe to News

    Get the latest sports news from NewsSite about world, sports and politics.

    Advertisement
    Demo
    Gulf News Week

    Your source for the serious news. This demo is crafted specifically to exhibit the use of the theme as a news site. Visit our main page for more demos.

    We're social. Connect with us:

    Facebook X (Twitter) Instagram Pinterest YouTube
    Latest Posts

    Cedar-IBSi Capital secures key funding from KSH Investments

    November 10, 2025

    Freehold demand, FDI surge drive Sharjah realty to record highs

    November 10, 2025

    Penthouses lead Dubai’s ultra-luxury property market

    November 10, 2025

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    © 2025 Gulf News Week. Designed by HAM Digital Media.
    • Home
    • Politics
    • Economy
    • Sports

    Type above and press Enter to search. Press Esc to cancel.