Middle East
Middle East | 1 Feb 16
UAE Insurance Authority issues licence to Guardian Wealth Mgt
The UAE’s insurance regulator has granted its first brokerage licence in around eight years, to international IFA firm Guardian Wealth Management.
Middle East | 28 Jan 16
Key financial mis-selling case in Dubai nears conclusion
One of the biggest financial mis-selling cases in the Gulf region between a wealthy Kuwaiti family and Switzerland’s Bank J. Safra Sarasin and its authorised subsidiary, Bank Sarasin-Alpen (ME) Ltd which has now ceased operations, is nearing a conclusion following a new DIFC court ruling.
Hansard posts hefty recovery in new business sales
Specialist long-term savings provider Hansard Global has unveiled an impressive 136% growth rate in new business premiums for the three months to December 2015 over the same quarter in 2014, helped by a large investment from its founder Leonard Polonsky.
Commodities | 27 Jan 16
Is Saudi Arabia finally winning the global oil war?
Sometimes in global financial markets, change can be brutal as the market adjusts to a completely new reality. The second half of 2014 was one of these periods and witnessed the beginning of what would become one of the largest declines in global oil prices on record.
Emerging Markets | 25 Jan 16
Griffon Capital launches Iran flagship fund
Iran-focused asset management and private equity group Griffon Capital has launched Cayman Island-domiciled Griffon Iran Flagship Fund to tap into Iran’s public equity market.