Dubai Department of Economy and Tourism Partners with Julius Baer
The Dubai Department of Economy and Tourism (DET) has partnered with Swiss wealth manager Julius Baer to support global investors, entrepreneurs, and family offices in expanding their presence within the emirate. The collaboration aims to align with Dubai's economic agenda for 2033 by creating structured pathways for investment underpinned by policy stability and long-term planning. Julius Baer emphasized its longstanding commitment to Dubai as a leading wealth management hub, citing assets under management of SFr547 billion ($666.9 billion) at the end of June 2026. The bank reported strong performance in H1 2026 with IFRS net profit rising by 128% to SFr673 million from a year earlier, driven by sustained inflows and recovery from prior losses. Dubai Economic Development Corporation CEO Hadi Badri highlighted the strategic importance of this partnership for converting global interest into tangible investment outcomes. The alliance is expected to enhance Dubai's appeal as an international business destination.
Topics: Dubai investment partnerships Julius Baer wealth management