Middle East
First GCC equities fund for int’l investors launched in ADGM
Eshara Capital, the first investment fund managed out of the Abu Dhabi Global Market (ADGM), has launched its first strategy, providing global investors access to UAE and Saudi Arabian equity markets and upcoming IPOs.
Middle East | 24 May 16
UAE regulator grants broker licence to advisory firm PWS
Dubai-based advisory firm Prestige Wealth Solutions (PWS) has been granted a broker licence by the UAE’s Insurance Authority (IA), the company has revealed.
Middle East | 20 May 16
Eastern push keeps Dubai’s financial centre growth on target
The Dubai International Finance Centre (DIFC) is on course to match its record breaking results of 2015 this year despite the impact of lower oil prices on activity across the Gulf region, according to its chief business development officer, Salmaan Jaffrey.
Middle East | 18 May 16
Walter Jopp to head Zurich Global Life in the Middle East
Walter Jopp has been appointed chief executive of Zurich Global Life, Middle East & Africa, with immediate effect.
India imposes first CGT on Mauritian inflows in 30 years
The Indian government is set to impose a capital gains tax (CGT) on investments coming from Mauritius in bid to tackle tax evasion.