Middle East
MitonOptimal appoints director for
MitonOptimal has promoted Phil Penrose to director for international sales, where he will be responsible for the companys distribution across Europe, the Middle East, and Asia.
Middle East | 6 Nov 14
Skandia defends position in UAE
Skandia International said it will continue to conduct business from the Dubai International Financial Centre, despite questions being raised about its regulatory position, following the announcement yesterday that Standard Life had decided to exit due to regulatory pressures”.
Middle East | 5 Nov 14
Standard Life pulls out of Middle East
Standard Life International is to close its office in the Dubai International Financial Centre at the end of January next year.
Middle East | 29 Oct 14
Growth continues for Standard Life in Asia
Inflows into Standard Lifes Asia and emerging markets division jumped by almost 20% during the third quarter, although the company warned regulatory change in Hong Kong and Dubai will impact future new business.
Middle East | 29 Oct 14
Conflict drives investors towards
The UAE’s perceived status as a ‘safe haven’ has seen its private capital increase by nearly 30% this year, as investors relocate assets en masse in a bid to shelter themselves from global turmoil.