📈 Dubai Partners with Julius Baer to Attract Global Wealth

The Dubai Department of Economy and Tourism (DET) signed a strategic agreement with Swiss wealth manager Julius Baer to attract global private clients, family offices, and business owners. The partnership aligns with the Dubai Economic Agenda (D33) to scale long-term capital allocation and private enterprise. • Partnership Scope & Network Julius Baer will leverage its global network spanning over 25 countries and 60 locations to drive investment into Dubai. Group assets under management reached CHF 547 Bn as of June 2026. • Private Wealth Ecosystem Expansion DIFC-based family-related entities surged to 1,289 (up 61% YoY by year-end 2025). DIFC-established family foundations reached 1,115 (up 66% YoY). • Strategic Context Highlights Dubai's focus on international wealth management, family offices, and institutional credibility amidst shifting global economic dynamics. (Note: Directly relevant to global wealth flows, but data on direct impact to Sri Lanka's financial services or FDIs is not specified).