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The Quiet Capital: Mapping the MENA Family-Office Intelligence Gap

Two hundred ninety offices or six thousand? The Gulf's family-office boom is real and registrable — and almost entirely unmeasured where it matters. Where the measurement gap becomes a market.

APAC · GCC · MENA

15 JUL 202624 MINCLOSED

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A Market Measured in Rumours

Somewhere between two hundred and ninety and six thousand family offices operate in the Middle East. That sentence should be impossible to write about a pool of capital this size, yet both ends of the range circulate freely in serious company. Deloitte Private, applying a strict single-family-office definition, counted 290 formal SFOs in the Middle East in 2024 — out of 8,030 worldwide managing roughly US$3.1tn. Industry commentary, meanwhile, routinely invokes figures of ~6,000 and above for the region, a number that only holds if one counts every family-controlled investment vehicle, embedd…

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