Middle East
Middle East | 23 Aug 16
DIFC and Abu Dhabi Global Market regulators sign new accord
The Dubai Financial Services Authority (DFSA), which regulates the city’s international financial centre, has signed a cooperation deal with the regulator of the new Abu Dhabi Global Market (ADGM) to help boost supervision across the UAE and the wider Gulf region.
Killik & Co confirms Dubai office closure
Wealth planning and investment management firm Killik & Co is to close its Dubai office, its only presence outside the UK, at the end of September and service all its global clients from the company’s London headquarters.
Middle East | 12 Aug 16
Axa, Allianz report profits boost in Saudi Arabia
Axa and Allianz have seen a boost in profits out of their operations based in Saudi Arabia, according to data published by the Kingdom’s market intelligence firm Argaam.
Abu Dhabi and S. Africa regulators sign partnership deal
South Africa’s Financial Services Board (FSB) and the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) have agreed to collaborate more on regulatory matters and facilitate the exchange of information between the countries.
Macro Views | 8 Aug 16
Abu Dhabi maintains strong credit rating despite oil slump
Abu Dhabi has maintained its AA/A-1+ sovereign credit rating as oil prices recover from their record low levels.