Dubai DET partners with Julius Baer to support global investors

Julius Baer (Middle East) has entered an statement with Dubai's Department of Economy and Tourism (DET) to assistance overseas investors, concern owners and household offices acceptable up oregon broaden their activities successful the emirate.

The partners question to make much ceremonial routes for household offices, entrepreneurs and ultra-high-net-worth individuals wrong the model of the Dubai Economic Agenda, D33.

Julius Baer caput of Region Emerging Markets Rahul Malhotra said: "Dubai has earned its spot arsenic 1 of the world's starring hubs for wealthiness management, and that is simply a presumption Julius Baer has held, and acted on, for much than 2 decades. Our long-standing beingness present gives america a extent of marketplace cognition that allows america to respond confidently to clients erstwhile they are assessing wherever to basal their wealth, their businesses, and their families.

"Our structural assurance successful this marketplace has not wavered, and this concern with DET is simply a earthy hold of the committedness Julius Baer has demonstrated present from the precise beginning."

The Julius Baer planetary web covers much than 25 countries and 60 locations.

The slope reported assets nether absorption of SFr547bn ($666.9bn) astatine the extremity of June 2026.

DET said the confederation is intended to assistance planetary investors recognize Dubai's economical direction, prosecute with its ecosystem, and measure it for wealthiness and endeavor expansion.

Dubai Economic Development Corporation (DEDC), the economical improvement limb of DET, CEO Hadi Badri said: "Dubai's sustained maturation arsenic a planetary hub for wealth, and concern reflects visionary leadership, argumentation stability, and semipermanent economical planning.

"Our concern with Julius Baer strengthens our quality to person strategical involvement into structured constitution and concern outcomes."

In the archetypal fractional of 2026, Julius Baer's nett much than doubled connected sustained wealth inflows, rebounding from prior-year losses linked to recognition provisions and a Brazilian divestment.

The Swiss wealthiness manager reported IFRS nett net of SFr673m for the six months to June, up 128% from SFr295m in the archetypal fractional of 2025.

"Dubai DET partners with Julius Baer to enactment planetary investors " was primitively created and published by Private Banker International, a GlobalData owned brand.