Middle East
S Africa to scrap tax exemption for expats, overseas workers
South Africans living and working in no and low tax jurisdictions will no longer be exempt from paying tax on their overseas earnings from March 2019 under proposals from the country’s Revenue Services (Sars).
OMI unveils offshore bond for Middle East and Africa
Life insurer Old Mutual International (OMI) has launched an offshore bond for advisers in the Middle East and Africa as part of a revamp of its global offshore bond range.
Middle East | 24 Jul 17
Thousands of expats race against time as Saudi amnesty closes
A Saudi Arabian expat amnesty that allows undocumented workers and residents to leave the country without facing any penalties has prompted a rush as people try to take advantage of the offer before it expires on Monday.
Exclusive: Praemium back on track as CEO outlines strategy
Following his shock dismissal as Praemium chief executive, Michael Ohanessian launched a successful fightback that saw him not only win back his job but also oust the board that sacked him. Here he talks exclusively to International Adviser about what happened and his plans for the future.
Credit Suisse in Saudi Arabia private banking push
Credit Suisse has identified Saudi Arabia as a priority for its wealth management business and is on the hunt to recruit more private bankers.