Arab Today, arab today new lifestyle management initiative unveiled
Last Updated : GMT 21:09:51
Arab Today, arab today
Arab Today, arab today

New Lifestyle Management initiative unveiled

Arab Today, arab today

Arab Today, arab today New Lifestyle Management initiative unveiled

Dubai - Arabstoday

The Private Banking Division of Emirates NBD, a leading bank in the region, has organised an exclusive meeting for its High Net Worth clients focusing on Private Aviation and investment opportunities in this segment. Investment The Private Aviation meeting was the first in a series of meetings by Emirates NBD Private Banking, as part of its newly launched Lifestyle Management initiative, which seeks to introduce clients to globally renowned luxury lifestyle providers, in order to enable them to explore investment opportunities in these segments. “Understanding our clients’ requirements and offering them optimum and innovative investment choices is at the core of Emirates NBD’s Private Banking philosophy,” said Pierre Pissaloux, General Manager of Wealth Management at Emirates NBD. “The Lifestyle Management initiative is in response to demand from our HNW clients, many of whom have expressed interest in exploring alternative asset classes for investment. As Private Bankers, we aim to source the best luxury lifestyle solution providers worldwide, and put them in direct contact with our clients, thus providing them a wide range of information and advisory services. ” As part of this initiative, Emirates NBD Private Banking also offers a range of customised financing solutions for investors interested to buy new aircraft or re-financing options for recently purchased ones. Speaking at the Private Aviation meeting hosted by Emirates NBD Private Banking, Thierry Boutsen, President & CEO, Boutsen Aviation, a Monaco-headquartered company focused on private aircraft sales and acquisitions since 1997, said: “The Middle East is one of the fastest growing regions in terms of demand for private aviation, since it is currently home to only 2.1 per cent of a total of 18,507 private business jets available worldwide. In contrast, the US currently owns about 61 per cent.” Boutsen emphasised that the demand for private business jets is witnessing an uptrend in India, China and South America, reflecting a significant rise in the number of HNW individuals in these economies. The private aviation segment however remains exclusive and niche, and comprises globally of a total of 37,147 private aircraft only, including both business jets and turboprops. “This is an exciting time for investors interested to invest in private aviation, as prices of several airplane models have witnessed a steady drop since 2008,” said Boutsen in his overview of the private aviation sector. “Worldwide, there are only 2592 business jets up for sale today, and at Boutsen Aviation, we work closely across all aspects of aircraft sales and acquisitions, to ensure that our clients have access to the best services.” “We have received excellent feedback from our clients about the Private Aviation event, and hope to follow this through with similar events dedicated to investment opportunities in luxury segments. Some of the segments likely to be targeted include mega yachts, watchmaking, jewellery for Oscars, sportsmen, hospitality, fashion, cosmetics, art and others, that HNWI aspire to,” said Pissaloux. Boutsen Aviation manages the various aspects of Aircraft Sales & Acquisitions including aircraft asset management, cabin completion management and aircraft interior design. Till date Boutsen Aviation has managed the sales of over 220 aircraft ranging from Airbus Corporate Jet, Gulfstream, Bombardier, Dassault, Embraer, Cessna Citation and Beechcraft King Air. The company has its headquarters in Monaco with a subsidiary in Luxembourg and Dubai. Emirates NBD is a leading banking Group in the region. As at 31 December 2011, total assets were Dhs 284.6 billion The Group has a leading retail banking franchise in the UAE, with over 168 branches and over 780 ATMs and SDMs. Islamic banking It is a major player in the UAE corporate banking arena and has strong Islamic banking, Global Markets & Treasury, Investment Banking, Private Banking, Asset Management and Brokerage operations. The Group has operations in the UAE, the Kingdom of Saudi Arabia, Qatar, Singapore, the United Kingdom and Jersey (Channel Islands), and representative offices in India and Iran. The Group is an active participant and supporter of the UAE’s main development initiatives and of the various educational, environmental, cultural, charity and community welfare establishments.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today new lifestyle management initiative unveiled Arab Today, arab today new lifestyle management initiative unveiled

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today new lifestyle management initiative unveiled Arab Today, arab today new lifestyle management initiative unveiled

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday