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Gulf wealth remains committed to UK property as global competition intensifies

High-net-worth investors from the Gulf region plan to invest an average of £78.3 million each in UK property over the next five years, according to the fourth annual GCC Investment Barometer from AlRayan Bank, the UK's largest and most successful Islamic bank. The findings highlight the UK's continued appeal as a destination for international investment.
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Preview Saquib Ismail
Over my time at the Bank, I have been fortunate enough to hold a variety of different roles.
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A third (33%) of Gulf Cooperation Council (GCC) high net worth individuals invested in London property over the last 12 months, more than any other major global market.
The findings come from Al Rayan Bank’s 2023 GCC Investment Barometer, which surveyed 151 investors from Saudi Arabia,
Qatar and the UAE with an average net worth of $208m.