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DUBAI WEALTH BUSINESS
$35 million Newport beach mansion, near-zero declared income: How California techie supplied US equipment to Iran for over a decadeA dual Iranian-American tech executive, Jamshid Ghomi, was arrested at his $35 million mansion for allegedly running an illegal export oper...- Crisis as credibility test: How the UAE’s response to the Iran-Israel conflict could shape its next decade as a global residency hubThe UAE's promise of a safe haven faces its biggest test amid the Iran conflict. Despite heightened tensions, daily life remains stable, sh...
- He dropped out of school, failed at a grocery shop in Jabalpur, and is now a billionaire at the Burj Khalifa. Who is Desi Bling star Satish Sanpal?Satish Sanpal, a school dropout from Jabalpur, is now a Dubai real estate tycoon. Featured on Netflix's Desi Bling, his journey showcases a...
- Desi Bling star Rizwan Sajan once sold milk on Mumbai streets, now he owns a $2.5 billion empire in DubaiNetflix's Desi Bling highlights Rizwan Sajan, the Dubai-based founder of Danube Group, who built a $2.5 billion empire from humble beginnin...
- Lighthouse Canton launches Rs 1,200 cr private credit fund to tap India’s evolving lending landscapeLighthouse Canton has launched its third India-focused private credit fund, targeting Rs 1,200 crore to capitalise on the country’s expandi...
- These 8 private and public banking stocks have an upside of up to 27% in one year, according to analystsInflation is at a 13-month high, primarily led by a rise in food prices. And with an impending fuel price hike, it could spike even more. A...
- Missiles over Dubai rattle the Gulf’s billion-dollar money machineThe Gulf's image as a safe financial haven is under strain as regional conflicts disrupt deals and deter investors. Once booming IPO market...
- Amid Mouni Roy-Suraj Nambiar divorce buzz, what is the networth of the actress-banker couple?Speculation is rife about a potential separation between actor Mouni Roy and her husband Suraj Nambiar following changes in their Instagram...
- Emirates' cash reserves, fuel hedging help airline ride out Iran war turmoilEmirates airline achieved a record $5.4 billion net profit, bolstered by strong cash reserves and effective fuel hedging. Despite disruptio...
- No French, No civic test: France’s exam‑free Visiteur visa Indian HNIs are quietly using as a first step to EU residencyFrance's 2026 immigration reforms, including civic exams and language tests, have caused concern for many. However, the financially indepen...
- HSBC names Gautam Anand to lead Global India private banking unitHSBC has appointed Gautam Anand to lead its global India private banking division, aiming to bolster cross-border services for affluent cli...
- GIFT City vs Dubai vs Singapore: What you need to know while choosing your investment hubIndian wealth is increasingly seeking global anchors, with GIFT City, Dubai's DIFC and Singapore emerging as key contenders. Each hub offer...
- Indian billionaire boss says he has never worn a diamond watch, introduces employee who owns one. Who is Yusuff Ali?A video of Indian business magnate Yusuff Ali playfully highlighting his employees' diamond watches, while he wears a simpler one, has gone...
- A $1 million check buys less Bengaluru luxury space now: Knight FrankBengaluru's luxury housing market is experiencing a significant price surge. This rise is reducing the space $1 million can buy, even as th...
- Iran war: Indian alternative investment firms in Gulf stare at sea of uncertaintyIndian investment firms face a pause in Gulf capital. Regional conflict makes investors cautious. High-net-worth individuals and family off...
- IHCL remains confident of achieving all its goals: MD and CEOIndian Hotels Company Limited, IHCL, is successfully managing global and local challenges. The company is expanding its brand portfolio acr...
- Gulf storm: India should be evaluated as a strategic locational hedge for co-sharing GCC data centre infraRecent attacks on cloud data centers in West Asia highlight a new geopolitical risk. Hyperscale providers are now reassessing their global ...
- Super-rich exit Dubai for this European city — here’s why it’s a new safe havenSuper-rich exiting Dubai for Italy in 2026: Italy is now attracting the world’s super-rich like never before. Since 2017, over 1,300 high-n...
- Dubai: Evolving into a hub for family offices — seizing the opportunity and navigating the shiftIndian UHNWIs are setting up family offices in Dubai for investment diversity, tax benefits, and strategic location, boosting UAE-India tra...
- L&T Cap likely to sell Dubai Wealth businessThe wealth book is estimated to be about $200-250 million which may be valued between 2 and 5 percent of the book size.
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