Middle East

Middle East | 10 Jan 16

Saudi Arabia’s deputy crown prince has said the kingdom rules out introducing income and wealth taxes but aims to go live with VAT by the end of 2016.

Investment | 6 Jan 16

Multi-asset investing is a holistic approach to investment that balances risk with clients’ profiles. For banks and financial advisers, multi-asset investing has the potential to provide a simple, yet sophisticated solution for retail-level and affluent investors.

Middle East | 30 Dec 15

Regulatory change, whether from growing enforcement of existing rules or the emergence of new ones, had a major impact on international life companies and financial advisory businesses in the Gulf during 2015.

Middle East | 23 Dec 15

The Qatar Financial Centre (QFC) Regulatory Authority has introduced a new set of Islamic banking regulations and a revised set of its Conduct of Business rules to boost the Gulf nation’s appeal to financial businesses and investors.

Middle East | 21 Dec 15

The Dubai Financial Services Authority (DFSA) has censured investment banking advisory firm MAS ClearSight and directed it to pay compensation of $3.2m (£2.1m, AED12m) to 20 investors for contravening the DFSA’s law and rules.