Middle East
EU blacklist comes up short on sanctions
The EU has blacklisted 17 jurisdictions, including South Korea and the United Arab Emirates, and put 47 others on notice including Jersey and the Cayman Islands, but it has not said what sanctions or penalties those shamed will face.
Nigel Green on the shift away from high upfront commissions
DeVere Group founder and chief executive Nigel Green is not anticipating a reduction in the amount his advisers earn despite the move away from upfront commissions in many parts of the world, he said in the second of a three-part interview with International Adviser.
Nigel Green reveals plan to target a different type of adviser
DeVere Group founder and chief executive Nigel Green is looking to recruit a different type of adviser, he said in the first of a three-part interview with International Adviser.
Latest news | 29 Nov 17
The year of reckoning in the UAE… or not?
A lot of gloom is found in Insight Discovery’s flagship Middle East Investment Panorama (MEIP) for 2017, says its chief executive Nigel Sillitoe. Some 63% of advisers saw their clients’ lack of willingness to invest as a threat. Meanwhile, there were not many optimists. Only 18% of advisers saw their clients’ readiness to invest as an opportunity.
Majority of expats living in UAE have no income protection
Research from Zurich International has found that 75% of expats living in the United Arab Emirates do not have protection against loss of income as a result of illness, incapacity or premature death.