Middle East
US wealth manager SEI to close Dubai office
US-headquartered SEI is to close its office in the Dubai International Financial Centre next month and will service its Middle East clients from London.
Middle East | 13 Oct 16
New UAE bankruptcy law ‘does not cover’ bounced cheques
Bouncing cheques will remain a criminal offence in the UAE despite indications that the region’s new bankruptcy law would remove the threat of jail, a senior Emirati lawyer has said.
Forth Capital withdraws from UAE, to close DIFC office
Specialist expat financial advisory group Forth Capital has decided to withdraw from the United Arab Emirates (UAE) and close its business in the Dubai International Financial Centre.
Best Practice | 30 Sep 16
UAE investor expectations rise despite market volatility
Investors based in the UAE are expecting average investment returns of 7.3% in 2016, up sharply from the 3.5% received in 2015, according to a new survey by Old Mutual International and Quilter Cheviot.
Middle East | 29 Sep 16
Adam Rix to leave Amundi’s Middle East operation
Adam Rix, director – third party distribution for the Middle East at European asset management giant Amundi, is to leave the company.