Apr 112016

Dubai for millainairs

Over 42,000 millionaires currently call Dubai home, with the emirate ranking among the top five favourite cities for the wealthy worldwide, a new report has found.

The study by New World Wealth claimed that 2,000 new millionaires moved to Dubai last year, adding 5 per cent to the city’s existing wealthy population.

Dubai saw strong inflows from North Africa including Egypt, Algeria and Morocco, and from Turkey.

Contributed By Sonia Narula

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