Middle East
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.
Kuwait edges closer to controversial expat tax
Kuwaiti politicians are preparing to debate a polarising remittance tax for foreigners working in the country, after it was controversially endorsed by the parliament’s financial and economic affairs committee.
Emerging Markets | 3 Apr 18
Saudi Arabia emerging market upgrade creates opportunities
Saudi Arabia’s promotion from frontier to emerging market in FTSE Russell indices is an opportunity for short-term investors to take profits, while longer-term investors can take the announcement as confirmation the market is moving in the right direction.



