High net-worth individuals (HNWI) from the region are optimistic on both the regional and global economic outlook, according to the GCC Wealth Insight Report, a survey-based study by Emirates Investment Bank (EIBank) that provides intelligence on the collective economic and investment outlook of the region’s wealthy. The report, in its fifth year of publication, is based on a survey of 107 HNWIs with $2 million (Dh7.34 million) or more in investable assets.
HNWIs in the GCC also expect the positive global and regional economic trajectory to continue over the next five years. Current oil prices and upcoming high-profile events, such as Expo 2020 Dubai, were stated as reasons for optimism, whilst the economic impact of regional conflict is still creating a concern.