Middle East
Dubai’s DIFC slashes start up costs for new fund managers
The Dubai International Financial Centre (DIFC) has scrapped the application fee for setting up as a fund manager in the free zone as competition with rival financial hubs in the region heats up.
Middle East | 16 Mar 17
UAE minister sets prospective VAT for Gulf at no more than 5%
VAT no higher than 5% will come into force from 1 January 2018 in the UAE and other Gulf States covering most products and services.
UAE and Saudi Arabia life industry face consolidation says S&P
Regulatory pressures and fierce competition will lead to significant consolidation of the life industry in the UAE and Saudi Arabia over the next two years, according to a report by S&P Global Ratings.
Middle East | 23 Feb 17
Dubai’s DFSA signs cooperation with ESMA
The Dubai Financial Services Authority (DFSA) and the European Securities and Markets Authority (ESMA) have signed a new information sharing and cooperation agreement.
Health & Protection | 20 Feb 17
Market opportunity for critical health cover in UAE, Zurich finds
Residents of the UAE are willing to spend more on critical illness insurance cover than the global average, but remain significantly under-insured, according to a new report by Zurich International Life, Middle East.