Middle East
Middle East | 3 Sep 15
Fund distributor Invesco sees boom time in the Emirates
With the Middle East now one of Invesco’s largest marketplaces globally, Nick Tolchard, managing director of international development for the asset manager, charts this unprecedented success story.
Middle East | 1 Sep 15
Non-compliant UAE life and property insurers get IA rule extension
The UAE government has given insurance companies operating in the Emirates an extra year, beginning 28 August, to meet the regulatory requirement which forbids combining persons’ insurance and fund accumulation operations with property and liability insurance operations.
Middle East | 27 Aug 15
ESCA’s risk management chief Lemand resigns
Ryan Lemand, the senior economic adviser and head of risk management for the Emirates Securities & Commodities Authority (ESCA), has resigned, according to sources in Dubai and Abu Dhabi.
Middle East | 24 Aug 15
Abraaj Group raises $375m for Africa investments
The Dubai-based Abraaj Group said it had raised $375m for a fund that will focus on North Africa.
Middle East | 17 Aug 15
Mashreq Capital welcomes Moody’s upgrade
Mashreq Capital, the asset management arm of UAE-bank Mashreq, said its strong investment performance and significant growth in assets under management was behind its recent upgrade by Moody’s Investors Service.