• UAE’s financial wealth grew by 10% from 2022 to 2023
• The UAE continues to experience impressive growth and is on track to become the sixth-largest booking center in the world by 2028, with an annual growth rate of about 8.9%
• BCG’s 24th Annual Global Wealth Report highlights Generative AI as an enabler for operational efficiencies and improved client experience

Dubai, UAE November 27, 2024—Boston Consulting Group’s (BCG) annual global wealth report, Global Wealth Report 2024: The GenAI Era Unfolds revealed that the United Arab Emirates’ (UAE) net wealth reached USD 2.9 trillion in 2023. The UAE’s financial wealth grew by 10% from 2022 to 2023, versus the Middle East and Africa’s 8%. Global financial wealth rose at 7%, following a decline of 4% in 2022. Over the next five years, an estimated USD 92 trillion of financial wealth will be created globally.