Dubai is no longer a regional hub, but a global one

HSBC is deepening its wealth footprint in the UAE, with Co-Chief Executive Surendra Rosha saying Dubai has outgrown its regional role.

“It is no longer a regional hub; it is a global hub,” Rosha said today in a keynote opening the bank’s UAE Wealth Investment Summit at the Four Seasons Hotel in Dubai. He called the country “one of the world’s most important platforms for capital, for talent, and for enterprise.”

Whether clients are weighing wealth, corporate expansion or careers, “Dubai becomes a venue for conversation about globality and being able to execute globally from there,” said Rosha, who runs the bank’s Asia and Middle East business.

The UAE is one of HSBC’s four priority markets globally and a “critical connector” between Asia and the Middle East, and between the Middle East and the West.…