Middle East
Guardian Wealth hit with $1m fine by Qatar regulator
The Qatar Financial Centre Regulatory Authority has imposed two fines plus costs on Guardian Wealth Management Qatar (in liquidation), a move the company suggests is in retaliation to its decision to cease operating in the country in 2015.
Middle East clients dying younger warns Zurich
The average age of life insurance claimants in the Middle East is just 50, according to Zurich International Life’s yearly claims statistics.
Commodities | 16 Apr 18
Dubai firm to offer diamond trading using blockchain
The private office of Sheikh Ahmed Bin Obaid Al Maktoum, a member of the ruling family of Dubai, has teamed up with Indian entrepreneur and property developer Amit Lakhanpal, to launch a joint venture which will offer diamond trading using Blockchain technology.
Ex deVere duo launch ‘happy place’ for advisers
Former deVere duo Matt Dean and Chris Ball have founded their own financial adviser network, which they claim will make for happier advisers.
UAE advisers made ‘scapegoats’ for offshore providers
A private equity firm says UAE financial advisers are “under fire” and being unfairly blamed for problems that stem from offshore providers offering limited investment products.