Middle East
Commodities | 19 Feb 16
Moody’s cuts Saudi growth outlook amid ratings slide
The impact of lower oil prices has caused ratings agency Moody’s to revise down its economic outlook for Saudi Arabia, in a week which saw rival agency Standard and Poor’s announce a two-notch downgrade of the country’s sovereign ratings.
Middle East | 18 Feb 16
Jersey signs MoU with Abu Dhabi financial regulator
The Jersey Financial Services Commission (JFSC) signed a landmark memorandum of understanding (MoU) with the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) on Wednesday.
Abu Dhabi’s ADCB launches regionally focused private bank
Abu Dhabi Commercial Bank (ADCB) has launched a new private bank aimed at providing wealthy clients in the Gulf region with sophisticated banking and wealth management services.
Middle East | 15 Feb 16
DFSA amends property fund rules; to offer more online services
The Dubai Financial Services Authority (DFSA) has amended its rules for specialist property funds, and has begun a consultation on extending the range of transactions that it will offer online.
Emerging Markets | 12 Feb 16
The final great investment frontier: Iran
Oliver Bell, manager of the T. Rowe Price Frontier Markets Equity Fund and T. Rowe Price Middle East & Africa Equity Fund recently visited Iran. Here he outlines why many of the assumptions investors have about the country may need a major upgrade.