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The formation of family offices in the MENA region has surged rapidly in recent years. According to our survey, approximately one quarter of family offices there were established within the last five years, highlighting the rise of ultra-high-net-worth families in the region and the growing appeal of family offices.
To better understand the landscape during a pronounced period of growth, we partnered with Campden Wealth to speak to their network of family members and those working within the family office. The insights in this report shine a light on the challenges and opportunities they face, such as governance and staff retention, professionalisation of their family offices, and how they are preparing the next generation to take over.
Key stats
Almost 70%
of family offices have transitioned to second or third generation family members
25%
of single family offices were created in the past 5 years
93%
state family legacy and continuity as the purpose of their wealth
33%
highlight social responsibility and philanthropy as a key driver
30%
of family offices' investible assets are located in Dubai
1/3
of participating families adhere to Islamic investment principles
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