Wealth Management

Julius Baer shutters Qatar office, prepares Abu Dhabi launch

The Swiss wealth manager is doubling down on UAE expansion 20 years after opening in Dubai

Julius Baer’s quick spell in Doha is over
Julius Baer’s quick spell in Doha is over Photo: Getty Images/RooM RF

Julius Baer is shuttering its office in Qatar after less than three years as it prepares to launch in Abu Dhabi in a pivot towards the United Arab Emirates.

The Swiss wealth manager set up an advisory office in Doha, Qatar’s capital city and financial hub, in October 2022 to further boost its presence in the Middle East.

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