International Adviser magazine goes digital

International Adviser magazine goes digital

After 12 years of printing monthly copies, International Adviser is going digital from September. This exciting development will allow us to shape our content differently as the markets around the world evolve.

Epic Saudi fraud trial coming to a close in Cayman court

Epic Saudi fraud trial coming to a close in Cayman...

One of the biggest trials in Cayman Islands history involving the Middle East’s longest-running business feud is coming to an end after a year in court.

Published : 25, Jul 2017
S Africa to scrap tax exemption for expats, overseas workers

S Africa to scrap tax exemption for expats, overseas...

South Africans living and working in no and low tax jurisdictions will no longer be exempt from paying tax on their overseas earnings from March 2019 under proposals from the country’s Revenue Services (Sars).

Published : 24, Jul 2017
OMI unveils offshore bond for Middle East and Africa

OMI unveils offshore bond for Middle East and...

Life insurer Old Mutual International (OMI) has launched an offshore bond for advisers in the Middle East and Africa as part of a revamp of its global offshore bond range.

Published : 24, Jul 2017
Thousands of expats race against time as Saudi amnesty closes

Thousands of expats race against time as Saudi...

A Saudi Arabian expat amnesty that allows undocumented workers and residents to leave the country without facing any penalties has prompted a rush as people try to take advantage of the offer before it expires on Monday.

Published : 24, Jul 2017
Exclusive: Praemium back on track as CEO outlines strategy

Exclusive: Praemium back on track as CEO outlines...Lock icon

Following his shock dismissal as Praemium chief executive, Michael Ohanessian launched a successful fightback that saw him not only win back his job but also oust the board that sacked him. Here he talks exclusively to International Adviser about what happened and his plans for the future.

Published : 20, Jul 2017
Credit Suisse in Saudi Arabia private banking push

Credit Suisse in Saudi Arabia private banking...

Credit Suisse has identified Saudi Arabia as a priority for its wealth management business and is on the hunt to recruit more private bankers.

Published : 20, Jul 2017
Half a million expats leave Saudi as amnesty draws to a close

Half a million expats leave Saudi as amnesty draws...

More than 570,000 expats have left Saudi Arabia by taking advantage of an amnesty offered by the government that aims to make the Kingdom ‘violator free’ by 25 July.

Published : 19, Jul 2017
Winners of inaugural Global Education Trust Awards unveiled

Winners of inaugural Global Education Trust Awards...

A professional body granting qualifications for competence and ethical behaviour in the financial advisory sector has announced the recipients of its awards aimed at rewarding financial literacy among university students.

Published : 17, Jul 2017
Zurich underlines commitment to Middle East after Cigna deal

Zurich underlines commitment to Middle East after...

Zurich’s Middle East business has said it will continue to sell life policies in the region following the sale of its general insurance unit to healthcare provider Cigna.

Published : 13, Jul 2017
Alleged fraudsters in £172m Abu Dhabi car scam deny charges

Alleged fraudsters in £172m Abu Dhabi car scam...

More than 50 arrested people have denied charges of conducting the biggest scam in Abu Dhabi history, which allegedly swindled more than 2,000 investors out of AED800m (£172m, $218m, €195m).

Published : 11, Jul 2017
Saudi expat fee causes 'panic’ amid computer glitches

Saudi expat fee causes 'panic’ amid computer glitches...

Expats living in Saudi Arabia have voiced concerns over the newly-introduced ‘family tax’ amid reports the online system set up to collect the payment continues to suffer from computer glitches.

Published : 10, Jul 2017
Expats leaving Saudi must pay new ‘family tax’ upfront

Expats leaving Saudi must pay new ‘family tax’...

Expats living in Saudi Arabia will have to pay the newly-introduced ‘family tax’ upfront if they want to leave the Kingdom for any reason, the government has confirmed.

Published : 5, Jul 2017
UAE ambassador to America linked to Malaysian 1MDB scandal

UAE ambassador to America linked to Malaysian...

The UAE ambassador to the US has been caught up in the international scandal involving Malaysian sovereign wealth fund 1MDB, after reports that companies connected to him received millions of dollars allegedly stolen from the fund.

Published : 4, Jul 2017
IoM advisory group opens office in the DIFC

IoM advisory group opens office in the DIFC

Boston Multi Family Office (BMFO), an Isle of Man-based advisory firm with offices in Malta, has opened of an office in the Dubai International Financial Centre (DIFC).

Published : 3, Jul 2017
Emirates NBD Asset Management making an international push

Emirates NBD Asset Management making an international...Lock icon

The asset management arm of Emirates NBD Bank is making a push into the international market now that its Ucits umbrella has hit the all-important three-year mark, senior executive officer Salman Bajwa tells International Adviser.

Published : 26, Jun 2017
Nearly 2,000 caught up in ‘biggest ever’ Abu Dhabi scam

Nearly 2,000 caught up in ‘biggest ever’ Abu Dhabi...

Almost two thousand people have been caught up in a AED800m (£172m, $218m, €195m) Ponzi-style investment scheme that turned out to be the biggest scam in Abu Dhabi history.

Published : 22, Jun 2017
Saudi closes in on emerging market status as royals reshuffle

Saudi closes in on emerging market status as royals...

Saudi Arabia has taken a big step towards being classified as an emerging market after the MSCI added the Gulf state to its watchlist for potential upgrade on Tuesday, with the Saudi royal family making an unprecedented succession change a day later.

Published : 22, Jun 2017
Gulf nations push up interest rates after Fed move

Gulf nations push up interest rates after Fed...

Saudi Arabia and the UAE, along with Qatar, Bahrain and Jordan have raised interest rates in line with this week’s decision by the US central bank to hike its Federal funds rate by 25 basis points to 1.25%.

Published : 16, Jun 2017
Saudi asset manager combines Shariah and ethical strategies

Saudi asset manager combines Shariah and ethical...

Sedco Capital, one of the largest asset managers in Saudi Arabia, has launched an investment strategy that integrates the firm’s Shariah-compliant investment approach with ethical investing.

Published : 15, Jun 2017

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Five common mistakes UK expats make about domicile and tax
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S Africa to scrap tax exemption for expats, overseas workers
S Africa to scrap tax...

South Africans living and working in no and low tax...

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