Middle East
Middle East | 15 Nov 16
Praemium sets up int’l pension unit headed by Mark Sanderson
Former Brooklands Pensions chief operating officer Mark Sanderson is to spearhead the development of Praemium’s retirement business in the Middle East and other key expat markets.
OMI to close regular savings plans in three key regions
Old Mutual International has moved to reflect the changing trend towards more flexible products in the offshore market by closing two of its contractual savings plans in three key regions.
Investment | 14 Nov 16
Brooks Macdonald inks first international deal with Dubai IFA
Brooks Macdonald, the specialist discretionary fund management provider, has announced its first international strategic alliance, signing a deal with Dubai-based advisers Abacus Financial Consultants.
Middle East | 8 Nov 16
Northstar unveils portfolios designed to meet UAE fund rules
Bermuda-based Northstar Financial Services, which recently opened an office in the Dubai International Financial Centre (DIFC), has launched a range of model portfolios specifically designed for the Middle East.
Middle East | 3 Nov 16
UAE rules out imposing income tax despite budget deficit
The United Arab Emirates has ruled out the imposition of any income tax on individuals as its seeks alternative sources of revenue to counter the impact of falling oil prices on the government’s budget.