DET and Julius Baer sign strategic alliance to boost Dubai's private wealth hub status
Summary
Dubai's Department of Economy and Tourism (DET) has signed a strategic agreement with Swiss wealth manager Julius Baer (Middle East) Ltd. to use Julius Baer's global network to support international investors, business owners, and family offices in establishing and expanding in Dubai. The agreement aims to reinforce Dubai's position as a leading destination for private wealth and long-term capital allocation, in line with the Dubai Economic Agenda (D33).
Why it matters
The alliance signals continued momentum in Dubai's efforts to attract private capital and family offices, which could expand the financial services sector and create more opportunities for professionals in wealth management and related services in the UAE.
The Dubai Department of Economy and Tourism (DET) has signed a strategic agreement with Swiss wealth manager Julius Baer (Middle East) Ltd. to mobilise its global network and support the growing interest among international investors, business owners, and family offices in establishing and expanding