• HSBC

GCC locals getting richer quick

  • Middle East: Thursday, March 27 - 2008 at 11:06

Rich Arabs living in the Gulf states will boost their assets by 81% to $3.8 trillion by 2012, according to Marsh & McLennan research reported in Bloomberg. Those with assets worth more than $1m are expected to see their collective investments grow from $2.1 trillion today, it said.

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