The British multinational bank Standard Chartered has strengthened its private banking footprint in the UAE with the appointment of a new Market Head for EMEA. The move underscores Dubai’s growing status as a hub for global wealth management, attracting high-net-worth clients and international capital.

The British multinational joins a wave of global financial institutions including Rothschild and JPMorgan that have recently expanded operations in the emirate. Dubai’s combination of favourable tax policies, political stability, and advanced infrastructure has made it an increasingly attractive base for managing cross-border wealth.

Industry analysts note that the influx of international banks is not only catering to established regional clients, but also to European entrepreneurs and family offices seeking to relocate or diversify assets. With a deepening talent pool and a rising demand for sophisticated financial services, Dubai is positioning itself as a premier gateway for private banking in the wider EMEA region.