UBS Expands to Abu Dhabi as More Millionaires Move to Middle East
European banking giant UBS Group is establishing a new office in Abu Dhabi, aiming to tap into the growing number of wealthy individuals relocating to the Middle East, according to Bloomberg. The ultra-rich have increasingly been moving away from high-tax countries such as the United Kingdom, opting instead for the region’s favourable low-tax environment. “The […]
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