Middle East
Middle East | 4 May 16
Holborn Assets managing partner Reg Ormond dies suddenly
Managing partner of Holborn Assets, Reg Ormond, has died at the age of 50 from a sudden heart attack.
Middle East | 3 May 16
Abu Dhabi signs MoU with Chinese bank regulator
The regulatory body of the Abu Dhabi Global Market (ADGM) signed an MoU with the China Banking Regulatory Commission (CBRC) on 28 April 2016, its first such agreement with an Asian regulator.
Middle East | 28 Apr 16
Abu Dhabi Financial Centre to add independent appeals panel
Abu Dhabi’s new international financial centre plans to establish an appeals panel to work alongside its regulatory committee which will be staffed by four senior UK barristers.
Middle East | 27 Apr 16
UAE regulator SCA extends scope to cover financial planning
The Securities and Commodities Authority (SCA) in the UAE has amended its regulations to enable licenced advisers to offer clients a full financial planning service, creating a “distinct line” between its remit and that of the Insurance Authority.
Macro Views | 25 Apr 16
Saudi Arabia unveils reform plan to cut dependence on oil
The government of Saudi Arabia approved a new economic plan on Monday which will see the kingdom emerge as a major global investor and introduce a new visa system to allow expatriates to live in the country for extended periods.