Middle East family offices on agenda for Hong Kong officials, bureau says while steering clear of mentioning Dubai’s Sheikh Ali Al Maktoum

Officials are planning another visit to the Middle East in a bid to attract family offices to Hong Kong, the government has said, stressing that such wealth management firms do not require approval locally amid controversy over a Dubai prince’s commitment to investing in the city. The Financial Services and the Treasury Bureau also said … Read more

Dubai prince vows to open family office in Hong Kong by end of May after abruptly postponing earlier launch

A Dubai prince has vowed to launch his family office in Hong Kong by the end of May after calling it off at the last minute earlier this week and sparking questions from the city’s business circles about his commitment to the investment. The private office of Sheikh Ali Rashed Ali Saeed Al Maktoum on … Read more