Middle East

Middle East | 28 Sep 15

Saudi Arabia has reportedly withdrawn tens of billions of dollars from global asset management firms in response to the ongoing slump in oil price and the recent volatility in world equity markets.

Middle East | 24 Sep 15

Guernsey Finance, the body which promotes the island’s finance industry internationally, has appointed its first Middle East representative.

Middle East | 24 Sep 15

A big change in investor behaviour among Middle East expats has occurred over the last year, says Andrew Downing, regional sales manager of Invesco Asset Management, in a video interview.

Financial planning | 14 Sep 15

Western expatriates are staying longer in the Middle East and, while the use of long-term life products still dominates the market, the length of the contract is falling and more money is flowing into mutual fund platforms, Invesco said.

Investment | 14 Sep 15

The collapse in oil prices and volatility in the emerging markets induced by China’s slowdown has hurt stocks in the Middle East but has not knocked the region’s major equity markets off their positive trajectory, said Amundi fund manager Remy Marcel.