Dubai ranks among the world’s top-5 favourite cities for millionaires, with 2,000 of them moving to the emirate last year. That’s according to research firm New World Wealth’s latest report, which shows the emirate is currently home to 42,000 millionaires, while the UAE as a whole has 72,000. Dubai drew a large chunk of wealthy individuals from North African nations and Turkey in 2015. Globally, Sydney and Melbourne were the top destinations for migrating millionaires, while France and China accounted for the biggest outflows.
UAE defence deals worth AED 3.77 billion announced at Dubai Airshow
Emirates to operate largest Starlink-enabled fleet
Flydubai orders 60 GEnx-1B engines for first widebody fleet
Emirates orders 65 more Boeing 777-9 jets at Dubai Airshow
Hyundai Motor to invest $86 billion in South Korea after US trade deal
