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Business Tim Hatherley-Greene Business Tim Hatherley-Greene

UAE’s private wealth projected to grow 8% in next five years

Personal wealth in the UAE has grown at 8 per cent between 2016 and 2017 and is expected to grow at a compounded annual growth rate of 8 per cent over the next five years to reach $590 billion (Dh2.16 trillion) in investable assets by 2022, according to a report by Boston Consulting Group (BCG).

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