Dubai, Abu Dhabi Millionaire Boom May Have Legs
The Burj Khalifa skyscraper, left, stands above other skyscrapers on the city skyline.
Photographer: Christopher Pike/BloombergThis article is for subscribers only.
Welcome to the Mideast Money newsletter, I’m Adveith Nair. Join us each week as my team and I chronicle the intersection of money and power in a region that's become one of the most influential in global finance. You can sign up here.
This week, Prince Alwaleed plans his next act, Saudi firms gear up for IPOs and a Dubai company aims to modernize the hookah. But first, a look at the UAE’s rise as a millionaire magnet.