DMCC Launches Wealth Hub to Boost Dubai's Private Wealth Management
DMCC has launched the Wealth Hub, a platform designed to bolster Dubai's status as a global leader in private wealth management. The initiative, announced at a high-profile event attended by UAE Minister of Investment and other dignitaries, aims to attract and support family offices, private investors, and financial firms in the emirate.
The Wealth Hub offers a range of licensing options, including Single Family Office, Multi Family Office, Special Purpose Vehicle, and Holding Company structures. It integrates with DMCC's Tradeflow platform, enabling streamlined asset registration and financing. The platform also provides tailored licensing, governance support, succession planning, and investment advisory services.
DMCC CEO Ahmed Bin Sulayem projects that Dubai's family offices will manage over USD 1.5 trillion by the end of the decade. The Wealth Hub aims to facilitate this growth by connecting private capital with innovative opportunities in sectors like AI, fintech, and digital assets.
The launch of the Wealth Hub strengthens DMCC's position as a global hub for trade, technology, wealth creation, and preservation. With its comprehensive range of services and integration with existing platforms, the Wealth Hub is poised to attract significant private capital to Dubai, further cementing the emirate's status as a global wealth management centre.
