Middle East
Middle East | 6 Mar 12
uae advisers bet on cisi certification
With the oversight of financial advisers in the UAE in the process of being migrated to the Emirati Securities & Commodities Authority (SCA) from the countrys Central Bank and, it seems, the Insurance Authority the body currently setting the qualifications for SCA-regulated Emirati stockbrokers is gearing up to cater for advisers and wealth managers.
Middle East | 6 Mar 12
unrest fails to derail bahraini financial sector
Bahrains financial sector grew in 2011, its Economic Development Board said today, despite political unrest in the country during the past 12 months.
Middle East | 28 Feb 12
38 percent of mideast advisers positive on 2012
Financial intermediaries in the Middle East are relatively cautious about the outlook over the next ten months, with just 38% of some 207 surveyed by Invesco on 1 Feb saying they had a positive view on prospects for growth this year.
Middle East | 27 Feb 12
shifting to shariah model could increase value
Converting a financial services business to a Shariah-compliant model could increase the value of a company by 18% to 25%, due to the current scarcity of genuine Islamic investments, a report issued by Switzerland-based Bank Sarasin concludes.
Middle East | 23 Feb 12
bnp paribas opens dubai offices
Banking giant BNP Paribas, which runs its regional Middle East business from Bahrain Financial Harbour, has opened two offices in Dubai, prompting speculation that it is seeking to mitigate risks related to ongoing political unrest in Manama, the Bahraini capital.