Dubai strengthens its location as a global center for special resources

The new report issued by the Dubai International Financial Center, as part of a series of reports of “The Future of the Financial Sector”, under the title “The Transformation Towards Private Capital”, confirmed that the rapid growth of special resources and the increasing cross -border character contributing to the reshaping of the financial market map, and they strengthen Dubai’s position to be at the top of the preferred destinations for individuals with high financial sheet, families and investors in private capital.

The report pointed out that the center of gravity in the global financial sector is witnessing an accelerated shift towards private markets, with expectations that the assets of these markets exceed 30 trillion dollars by 2030, driven by investors seeking more reliable and more reliable investment opportunities .. At the same time, globally, private wealth recorded a record level of $ 471 trillion, after growing with more than 340 A trillion dollars since 1995, a rate of eight times more than the growth of public wealth during the same period. Among the most prominent characteristics of this stage is the transition of huge wealth estimated at $ 124 trillion between generations during the next two decades. (Sky News Arabia)