Ultra-high-net-worth families in the UAE are leading a global shift toward digital innovation, with 71% viewing strategic investment in cryptocurrencies, NFTs, and tokenised assets as essential, according to new research by Standard Chartered Global Private Bank. Globally, 69% of families share this perspective.
The study, “The Great Repositioning,” surveyed over 300 UHNW families and advisers across major wealth hubs including Singapore, Hong Kong, China, India, Africa, and London. It also found that 75% of UAE families trust AI tools to guide wealth decisions, provided human advisers remain central to major judgment calls.
Vinay Gandhi, Global Head of South Asian Community and Regional Head of EMEA Private Banking, said UAE family offices view digital assets and AI as integral to a more connected, efficient, and resilient wealth ecosystem.
“The combination of strong governance and forward-looking innovation positions the UAE as one of the most dynamic private wealth hubs globally,”
he added.
Governance remains a core priority, with 96% of UAE families regularly reviewing their family office frameworks and the same proportion maintaining formal conflict-resolution processes. Younger generations are increasingly shaping strategy, with over 67% actively involved in investment and wealth decisions, driving conversations around digital diversification, sustainability, and impact.
Philanthropy continues to define UAE families’ approach, with 88% contributing to national or international causes and 92% aligned on philanthropic priorities. Succession planning is another area of focus, as 92% believe improved cross-border planning could save millions in inheritance transitions, compared with 83% globally.
The findings underscore the UAE’s reputation as a progressive wealth hub where technological adoption, governance discipline, intergenerational engagement, and purpose-driven strategies converge to redefine family wealth management.
News Source: Emirates News Agency
