Dubai Partners with Julius Baer to Boost Global Wealth Attraction

Jul 27, 2026

54 min

Jul 27, 2026 08:31

Dubai widens global wealth push with Julius Baer alliance

## Strategic Alliance with Julius Baer

Dubai's Department of Economy and Tourism (DET) has formed a strategic partnership with Swiss wealth management firm Julius Baer. This collaboration aims to attract international investors, business owners, and family offices to establish or expand their presence in Dubai.

## Facilitating Investment

The agreement will provide structured pathways for private clients considering Dubai as a base for their wealth and businesses. Julius Baer will leverage its extensive network across 25 countries to connect clients with opportunities in Dubai, aligning with the Dubai Economic Agenda, D33.

## Expanding Private Wealth Sector

Dubai's private wealth sector is experiencing significant growth. The Dubai International Financial Centre (DIFC) reported a 61% increase in family-related entities by the end of 2025, with 1,289 entities and 1,115 foundations established.

## Economic Growth and Investment

Dubai's economy grew by 5.4% in 2025, and the city has been the top destination for greenfield foreign direct investment projects for five consecutive years. The partnership with Julius Baer follows a similar agreement with Deutsche Bank, further enhancing Dubai's appeal to global investors.

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