Companies
IIFL Wealth completes M&A deal worth Rs 230 crore
Acquired firm is based out of Mumbai but has an office in the Dubai International Financial Centre
Insurance brokers in UAE offered capital relief
It will help firms meet their operating expenses during the coronavirus outbreak
Dubai regulator takes steps to support its financial community
Says it is providing a ‘series of significant regulatory relief measures’
Dubai regulator fines director of failed wealth firm
He carried out client transactions without approval and ‘engaged in misleading and deceptive conduct’
UAE banker to open investment management venture
Aimed at investors in the Middle East, Africa, India, southeast Asia, US and UK