Middle East
Middle East | 15 Jun 17
Bahrain to lure fintech startups with regulatory sandbox
The Central Bank of Bahrain (CBB) is to create a regulatory sandbox so that startups and fintech firms can test their ideas and solutions and strengthen the Gulf state’s position as a regional fintech and financial services hub.
Middle East | 14 Jun 17
Qatar blockade to hit UAE expat businesses
The move by the UAE to join other Gulf nations in cutting ties with Qatar affects travel by expatriate residents between both states and even extends to comments made by individuals on social media.
Middle East | 12 Jun 17
Saudi expat tax to start in July
Saudi Arabia will levy a new tax on expatriates and their dependents from 1 July 2017 in a bid to boost the Gulf state’s local employment and revenues following persistently weak oil prices.
Middle East | 8 Jun 17
UAE securities regulator re-opens door for fund registrations
Asset managers can now complete the process of registering and promoting funds in the UAE following the release of fresh guidance from the Securities and Commodities Authority (SCA).
Best Practice | 7 Jun 17
Guardian’s new client division to tackle industry shortfalls
Guardian Wealth Management has launched a new division to focus on client relationship culture after research found that most expats feel the ongoing service they receive from their IFA firms has declined or stopped altogether.