MENA WealthBriefing Awards

28 November, 2022

In brief

The WealthBriefing MENA Awards 2022 celebrate people working in the Private Client sector demonstrating excellence in building business and serving clients.

This year, our Entrepreneurial Private Business and Family Office (EPB & FO) team has won three awards:

Accounting / Tax Provision for Servicing Private Clients
Estate Planning Service
Family Office Advisory Service Provision

The WealthBriefing Awards overview:

The unique role played by family businesses, successful families and family offices in this region is essential to growth and popularity. The WealthBriefing Awards credits advisors, bankers and service providers who present creative, cutting-edge and effective solutions to help maintain and grow businesses. They award advisors that showcase deep knowledge and provide services that exist to aid longevity of the business and preservation of wealth.

The EPB & FO Team:

Our EPB and FO team were nominated for four awards out of which they won three. The awards are mentioned below:

Accounting / Tax Provision for Servicing Private Clients: Awarded to: Best or outstanding MENA-based accountancy firm or team advising the wealth management industry.
Estate Planning Service: Awarded to: Best provider of advice to the wealth management industry.
Family Office Advisory Service Provision: Awarded to: Best non-banking provider of an outstanding family office advisory service to UHNW families and single family offices (SFOs).

Our EPB & FO leader Ismael Hajjar quotes “our aim is to act as trusted advisors for our clients and deliver bespoke and innovative solutions. As a team we have worked together to achieve our goals successfully which we are happy is represented through these awards and regional recognition”.

THE EPB & FO Team - What we do:

At PwC we have a significant focus on family-owned businesses and UHNWIs (Ultra High Networth Individuals). We understand that the most successful family businesses are those in which there is a good balance between professional management and responsible business ownership partnered with a healthy family dynamic

Our PwC Middle East EPB & FO team has been assisting families in the region by:

creating wealth preservation structures for their regional and global assets;
assisting successful families and their family office in developing both their ownership strategy and their business strategy by drafting an ownership strategy handbook; and
aiding families build their Family Office by helping them determine the structure, strategy and operating model which best serves their needs and that is future-proof and shock-resilient.

As a result of this comprehensive approach and our specialist expertise, we have assisted a number of family businesses, high net worth individuals, entrepreneurs and Royal Family members across the region in relation to their private and business affairs.

Our core team comprises of professionals from different backgrounds with a strong regional and international experience in tax advisory, succession planning and Family Office advisory. The team speaks four different languages and can deliver projects in English, Arabic and French.

We are happy to support our Clients throughout their journey.

The takeaway

The UAE offers a combination of appealing aspects that work most effectively alongside with other regional and international structures and solutions.

Nowadays, it is about collaboration, it's about using multiple territories, a highly knowledgeable team and using the best of each jurisdiction to achieve collectively the objectives of our clients and families. We look forward to growing our team and providing dedicated services to our clients in this ever changing landscape as we move forward.