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Bank Lombard Odier & Co Ltd, a leading Swiss international wealth manager, has identified opportunities in the GCC region and potential investment recovery in 2024, despite notable challenges.
Swiss private banking giant said it is in the process of obtaining licence to set up in the DIFC
The overwhelming majority (90 per cent) intend to keep their wealth in the region for the foreseeable future.
A majority of high-net-worth individuals (HNWIs) in the Middle East are aware of the importance of effective succession planning, but do not have a wealth succession plan in place for their family businesses, a report said.
High-net-worth Middle East investors' are showing a strong shift to sustainable investment and Islamic Finance, according to Lombard Odier's new Middle East survey...