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Middle East

UAE to collect tax information on expats from next year

Middle East | 14 Dec 16

UAE to collect tax information on expats from next year

Expats in the UAE have been advised that banks and other financial institutions will be contacting some of their customers to collect information about their tax status in early 2017, reports local newspaper Gulf News.

AxiomSL opens Dubai office in Middle East expansion

Companies | 2 Dec 16

AxiomSL opens Dubai office in Middle East expansion

AxiomSL, a firm specialising in regulatory reporting and risk management, has announced it will be opening its first Middle East office in the the Dubai International Financial Centre (DIFC).

Industry reacts to Middle East clampdown on commissions

Best Practice | 1 Dec 16

Industry reacts to Middle East clampdown on commissions

Leading figures from the financial services industry in the Middle East give their views on the proposed cap on commission and the prospect of commission disclosure coming to the region.

Oil spikes after OPEC strikes first deal in 8 years

Commodities | 30 Nov 16

Oil spikes after OPEC strikes first deal in 8 years

The price of Brent crude oil surged above $50 (£40, €47) per barrel as rumours became reality that OPEC members had finally reached an agreement.

Gulf IFAs face ‘year of reckoning’ as clients turn away

Middle East | 29 Nov 16

Gulf IFAs face ‘year of reckoning’ as clients turn away

Financial advisers in the Middle East are finding clients increasingly reluctant to use their services, partly due to growing geopolitical uncertainty but also because of regulatory changes and poor value-for-money products from asset managers and life companies.

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Published by Money Map Media – part of G&M Media Ltd Copyright (c) 2024.

International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.