In the Middle East and Africa alone, private wealth is projected to reach up to USD 12 trillion by 2021 – 21 per cent of which will be contributed by the UAE, Oman and Saudi Arabia.

Back in 2004, Julius Baer – one of the world’s largest Swiss private banks, with USD 410 billion in Assets Under Management (AUM) – had the foresight to tap into the potential of this fast-growing region by becoming one of the first clients to set up in the DIFC.

14 years on, we spoke with Regis Burger, Chief Executive Officer of Julius Baer (Middle East) Ltd., to hear about the journey so far for the private wealth powerhouse and what we can expect from the evolving Private Banking landscape.

Staff Writer

Written by Staff Writer

A collection of thoughts from the DIFC, these articles cannot be attributed to just one person. We have carefully curated insights from across the company – and at times contributions from our clients – to give you a snapshot of our perspectives on financial services in the MEASA region.