UAE household wealth stood at $1.2 trillion in 2022
The wealth per adult in the UAE at the end of 2022 was $152,556, according to a global report, with the UAE hosting a large number of wealthy expatriate entrepreneurs.
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Posted 8/20/2023, 3:37:59 PM
khaleejtimes.com
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US household wealth reached a record high of $154.3 trillion in Q2 2022, driven by a surge in stock market investments and real estate values, according to Federal Reserve data, providing consumers with a cushion to weather future economic storms and a potential increase in unemployment.
The United Arab Emirates saw a 31.8% increase in revenue in 2022, supporting an overall fiscal surplus, as the country focuses on developing its non-oil sectors such as trade, tourism, manufacturing, logistics, and financial services.