DMCC Launches Wealth Hub to Boost Dubai's Private Wealth Management
DMCC, Dubai's global trade hub, has bolstered its position with the launch of the DMCC Wealth Hub. The event drew representatives from DMCC, Dubai's government, and key figures from global finance and wealth management. The Wealth Hub aims to establish Dubai as a leading force in private wealth management.
The Wealth Hub integrates with DMCC's Tradeflow platform, streamlining asset registration and financing. It connects private capital with innovative sectors like AI, fintech, and digital assets. The platform supports family offices, private investors, and financial firms, offering licenses such as Single Family Office, Multi Family Office, Special Purpose Vehicle, and Holding Company structures.
The launch event was graced by the UAE Minister of Investment and the Assistant Undersecretary at the Ministry of Economy and Tourism. DMCC CEO Ahmed Bin Sulayem projected that Dubai's family offices will manage over USD 1.5 trillion by the end of the decade. The Wealth Hub provides tailored licensing, governance support, succession planning, and investment advisory services.
DMCC's Wealth Hub, with its comprehensive services and strategic partnerships, positions Dubai as a global leader in private wealth management. The platform's launch signals a significant step in Dubai's financial growth and diversification.