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World's Rich Ignore Mideast Strife to Bet on Dubai and Abu Dhabi

World's Rich Ignore Mideast Strife to Bet on Dubai and Abu Dhabi

Bloomberg4 days ago
By , Alexander Sazonov, Chanyaporn Chanjaroen, Nicolas Parasie, and Ben Bartenstein
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At the Dubai offices of Abbey Road Investment Group, the phone calls and emails keep landing from around the world.
The inquiries are from potential clients from India and the UK, the US and Africa — even as far afield as Brazil. They're all looking to set up family offices in Dubai and Abu Dhabi, the twin emirates that offer to safeguard the fortunes of the world's wealthy without income or inheritance taxes.
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