In numbers ... the number of millionaires in the Emirates and the size of their wealth

The UAE topped the list of the richest countries in the Middle East and North Africa, with the number of wealthy owners residing on its land, 83,400 people, and the total value of their wealth amounted to $ 870 billion (about 3.19 trillion dirhams), according to the New World Wealth research firm. Riches.

The company stated in its report that 31% of the wealthy in the UAE studied in the field of economics, accounting and finance, compared to 22% in engineering, 7% in medicine and 6% in the computer science and technology sector.

The company built that over the past twenty years, the UAE has been one of the largest countries in the world attracting wealthy immigrants, and it is estimated that more than 35,000 wealthy people have moved to the UAE during this period (2000 to 2020), especially from India, the Middle East and Africa.

She said that the reasons for the wealthy moving to the UAE are that it is the largest safe haven in the Middle East and North Africa, a high-income economy, along with a first-class health care system, low tax rates, as well as an international business center, among other factors.

According to the company, the total private wealth in the region is about $ 4.3 trillion, indicating that there are approximately 390,000 wealthy people living in the Middle East, each with net assets of $ 1 million or more.

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