Middle East | 1 Jan 13
tunisia financial centre going ahead
A $3bn plan to create what is being billed as North Africa’s first offshore financial centre in Tunisia is still on, with construction work set to begin this month, according to the Bahrain-based investment bank behind the project.
Middle East | 1 Jan 13
report uae to limit expat mortgages
The United Arab Emirates Central Bank plans to limit the size of residential real estate mortgages that expatriates living in the UAE may take out to 50% of the value of the property, according to Gulf media reports, which cite anonymous banking and real estate industry sources.
Profiles & Comment | 29 Dec 12
singapore coping with the high price
Singapore, like Hong Kong, is continuing to benefit from the uncertainty and instability elsewhere in the world, while at the same time struggling to cope with such side-effects of this success as inflation, currency appreciation and a shortage of affordable housing. Helen Burggraf reports.
North America | 21 Dec 12
ireland signs fatca agreement
Irish and American officials today signed an agreement whereby Ireland has pledged to collect data on accounts in Irish financial institutions held by Americans, and provide it to the US tax authorities.
ing sells malaysian fund management business
Kuala Lumpur headquartered asset manager Kenanga Investors has bought ING’s Malaysian fund management business, part of a strategic sell-off by ING which also saw it complete the sale of ING Malaysia to AIA Group earlier this week.