|
Dubai FSA loosens rules to lure foreign fund business
By International Adviser 04-Aug-2010 08:00 AM
The Dubai Financial Services Authority (DFSA) has implemented a number of changes to its investment funds regime to make it
easier for firms based outside the DIFC to launch funds into the jurisdiction.
|
|
Invesco study reveals Mid East keen for EM exposure
By International Adviser 28-Jun-2010 08:00 AM
Gulf investors are more interested in exposure to emerging markets than their counterparts in most other regions but also favour short-term time horizons and safe rather than risky strategies, a new report, the Invesco Middle East Asset Management Study 2010, has revealed.
|
|
Kotak expands into Middle East with new Dubai launch
By International Adviser 12-May-2010 08:00 AM
Kotak Mahindra Financial Services, part of the Kotak Mahindra Group, one of India’s leading financial conglomerates, continued
its expansion in the Middle East with the launch of its operation in Dubai.
|
|
Nasdaq Dubai chairman departs
By International Adviser 27-Jan-2010 08:00 AM
Soud Ba’alawy has stepped down as chairman of Nasdaq
Dubai after more than two years in the post.
|
|
IFS targets expatriates with new office based in Qatar
By International Adviser 19-Oct-2009 08:00 AM
IFA firm International Financial Services has opened a Qatar office, its first outside the Far East.
|
|
Gulfmena gains asset management approval in Dubai
By International Adviser 12-Oct-2009 08:00 AM
Gulfmena Alternative Investments, a Middle East North Africa (MENA) region absolute return fund house, has received an asset
management licence from the Dubai International Financial Centre (DIFC).
|
|
S&P in licensing deal with Saudi’s Tadawul
By International Adviser 22-Sep-2009 08:00 AM
A deal has been agreed between the Saudi Stock Exchange
(Tadawul) and Standard & Poor’s, which permits S&P to use Tadawul securities data to maintain current indices for the Saudi
equity market, as well as to launch new ones.
|
|
Fairfax expands Middle East office
By International Adviser 21-Sep-2009 08:00 AM
Fairfax IS, the London-based international investment bank
with offices in New York and Dubai, is expanding its operations in the Middle East to capitalise on what it sees as the long-term
growth potential of the region as well as North Africa.
|
|
Credit Suisse MENA Sicav initially to be marketed in Europe
By International Adviser 07-Sep-2009 08:00 AM
Credit Suisse has launched a Ucits III Middle East and North Africa (MENA) fund in its Luxembourg Sicav.
|
|
Samena Capital rolls-out new Cayman domiciled Japan Absolute Return Fund
By International Adviser 04-Jun-2009 08:00 AM
Samena Capital, an investment manager specialising in Asian and emerging markets outside Europe, has launched a Cayman domiciled Japan Absolute Return Fund.
|
|
Zurich survey shows credit crunch impact in UAE, Bahrain
By International Adviser 29-May-2009 08:00 AM
The credit crunch has come to the Gulf, a survey conducted by Zurich International Life (ZIL) has found.
|
|
FPI rolls-out critical illness plan aimed at UAE residents
By International Adviser 23-Apr-2009 02:00 PM
Friends Provident International (FPI) has launched a critical illness plan for UAE residents.
|
|
Singapore and UAE regulators sign MoU
By International Adviser 16-Apr-2009 10:00 AM
A memorandum of understanding (MoU) has been signed between the Singapore and UAE financial regulators, the Monetary Authority of Singapore (MAS) and Central Bank of the
United Arab Emirates (CBUAE).
|
|
Mumbai turns to Indian government
By International Adviser 24-Mar-2009 10:00 AM
Mumbai is seeking more than £3bn from the Indian government to continue to develop its financial centre in order to compete with London, New York and Singapore.
|
|
SWIP enters Saudi market through Manar joint venture
By International Adviser 13-Mar-2009 05:00 PM
Scottish Widows Investment Partnership (SWIP) has entered into a joint venture in Saudi Arabia.
|
|
New twist in litigation case against JPMorgan Trust Co
By International Adviser 13-Mar-2009 01:00 PM
The long-running case involving a wealthy Saudi Arabian family suing JPMorgan (Jersey) Trust Co has been adjourned for three weeks after tape recordings previously thought not to exist were found.
|
|
Moody’s Analytics moves into Dubai
By International Adviser 11-Mar-2009 10:00 AM
Moody’s Analytics, a provider of risk management services to banks and the capital markets, has opened an office in the Dubai International Financial Centre.
|
|
More expats in Middle East seeking advisory services
By International Adviser 19-Feb-2009 02:00 PM
Use of financial advisers has doubled among expats in the UAE and Bahrain in the past year, according to a survey by Zurich International.
|
|
FirstRand to restructure Guernsey trust products
By International Adviser 13-Feb-2009 10:00 AM
FirstRand International Wealth Management is overhauling the product range of its Guernsey-based trust operation, as it looks to target new markets in the Middle East and Africa in addition to the UK.
|
|
‘Peg single Gulf currency to basket’ says economist
By International Adviser 12-Feb-2009 01:00 PM
The new single currency being planned for the six Gulf Cooperation Council (GCC) member states by 2010 should be pegged to a basket of currencies rather than to the dollar alone, according to Dubai International Financial Centre Authority chief economist Nasser Al Saidi.
|
|
FPI unveils Summit plan for Middle East-based investors
By International Adviser 12-Feb-2009 09:00 AM
Friends Provident International (FPI) has launched a single-premium investment plan aimed at investors based in the Middle East.
|
|
Vistra agrees Middle East joint venture
By International Adviser 11-Feb-2009 09:00 AM
Vistra, a Geneva-based wealth management firm with offices in London and Jersey, has formed a joint venture with a Dubai-based wealth manager to target private and international clients in the Middle East.
|
|
Two Sarasin subsidiaries form new Dubai firm
By International Adviser 15-Dec-2008 04:00 PM
Two international subsidiaries of Basel-based Bank Sarasin & Co have formed a new asset management company in Dubai to handle investments for institutional investors and high net worth individuals in the Gulf and North Africa regions.
|
|
Ogier expands with offices in Tokyo and Bahrain
By International Adviser 12-Dec-2008 05:00 PM
Ogier, the offshore legal and fiduciary specialist, has opened new offices in Bahrain and Tokyo as it seeks to cater for an increasingly global market.
|
|
Pharos establishes office in Dubai
By International Adviser 08-Dec-2008 05:00 PM
Pharos Financial Advisors, part of the Pharos Financial Group of companies, has opened an office in the Dubai International Financial Centre.
|
|
JPMorgan faces charges of gross negligence against Saudi family
By International Adviser 08-Dec-2008 01:00 PM
A wealthy Saudi Arabian family is suing JPMorgan (Jersey) Trust Co for £120m, citing a raft of allegations, including gross negligence.
|
|
Jersey Finance opens Hong Kong office and eyes India
By International Adviser 08-Dec-2008 09:30 AM
Jersey Finance, which represents the Island of Jersey’s finance industry, is to open an office in Hong Kong at the end of March and may establish premises in India.
|
|
Pru links up to expand Dubai distribution
By International Adviser 27-Nov-2008 05:00 PM
Malaysia-based Prudential Fund Management Bhd (PFMB) and Dubai-based Prudential Asset Management (PAMD) have agreed to expand marketing co-operation and distribution of Shariah-compliant funds.
|
|
Samena Capital setting sights on emerging markets
By International Adviser 27-Nov-2008 03:00 PM
Samena Capital, a new, Bahrain-based emerging market specialist asset management company, has been launched.
|
|
Keypoint and Ogier target Bahrain with Two Seas Trust
By International Adviser 19-Nov-2008 05:00 PM
Keypoint Consulting, a Bahraini accounting and advisory firm, is embarking on a joint venture with offshore legal and fiduciary specialist Ogier to create a professional services business in Bahrain that will specialise in trusts.
|