Middle East
Middle East | 26 Aug 14
Research reveals full number of regulated UAE
Research house Insight Discovery has begun to map out the number of regulated advisory firms operating across the Gulf Cooperation Council (GCC) countries.
Middle East | 22 Aug 14
Private bank loses $200m case in DIFC
DIFC-based Bank Sarasin-Alpen has lost a significant case against a wealthy Kuwaiti family, after it was found to have mis-sold investments worth $200m during the 2007/2008 financial crisis, with its CEO singled out for particular criticism.
Middle East | 21 Aug 14
Standard Chartered may face legal challenges
Standard Chartered may face legal action in the United Arab Emirates after the New York Department of Financial Services reached an agreement with the bank on Tuesday for it to exit “high-risk client relationships” within certain business lines in its UAE branches.
Financial planning | 20 Aug 14
fpi launches website aimed at nris
Friends Provident International has launched a new website with a section dedicated to non-resident Indians.
Middle East | 20 Aug 14
DIFC Authority chief exec resigns
The chief executive of the Dubai International Financial Centre Authority has resigned.