Middle East
Middle East | 12 Nov 15
DeVere warns of rise in pension liberation scams in Qatar
Pension liberation scammers are increasingly targeting expatriates in Qatar, warned independent financial advice giant, deVere.
MetLife targets under insured Gulf middle class
The expanding middle classes of the six Gulf Cooperation Council nations in the Middle East offer many attractive growth opportunities due to the current low penetration of insurance products, says Theodor Alexandrescu, general manager of MetLife Gulf.
Middle East | 6 Nov 15
Oil price fall sees S&P cut ratings on main Saudi banks
The sharp fall in oil prices and the impact it will have on Saudi Arabia’s government finances led ratings agency Standard and Poor’s to cut its credit rankings for eight of the country’s major banks on Friday.
Middle East | 4 Nov 15
OMGI expands international distribution team
Wealth manager Old Mutual Global Investors (OMGI) has appointed Simon Barrett as head of Middle East and Nordic distribution.
Middle East | 3 Nov 15
Qatar Fund details tender offer ahead of vote
Isle of Man-based Qatar Investment Fund (QIF), which invests largely in Qatari-listed stocks, has announced details of its planned tender offer ahead of a discontinuation vote at its annual general meeting on 12 November.