Dubai's Department of Economy and Tourism has entered an agreement with Julius Baer to help overseas investors, business owners, and family offices establish or expand their activities in the emirate. The partnership aims to create more formal routes for family offices, entrepreneurs, and ultra-high-net-worth individuals within the framework of the Dubai Economic Agenda, D33. Julius Baer head of Region Emerging Markets Rahul Malhotra said the bank's long-standing presence in Dubai gives it the market knowledge to confidently advise clients on where to base their wealth, businesses, and families. The Swiss wealth manager reported assets under management of 547 billion Swiss francs, or 666.9 billion dollars, at the end of June 2026, and its IFRS net profit more than doubled to 673 million francs in the first half of the year. DET said the alliance is intended to help global investors understand Dubai's economic direction and assess it for wealth and enterprise expansion.
Julius Baer Gruppe AGPartnership with Dubai DET to attract global investors, expanding client base and assets under management.