Dubai
Forth Capital’s Tracy on why it was time to leave Dubai
Forth Capital founder and chief executive Tom Tracy explains the firm’s departure from Dubai and its plans to pivot towards its most profitable and new markets.
Middle East | 8 Nov 16
Northstar unveils portfolios designed to meet UAE fund rules
Bermuda-based Northstar Financial Services, which recently opened an office in the Dubai International Financial Centre (DIFC), has launched a range of model portfolios specifically designed for the Middle East.
Middle East | 3 Nov 16
UAE rules out imposing income tax despite budget deficit
The United Arab Emirates has ruled out the imposition of any income tax on individuals as its seeks alternative sources of revenue to counter the impact of falling oil prices on the government’s budget.
Middle East | 28 Oct 16
New UAE mutual fund rules to come with a sanctions regime
New mutual fund registration rules introduced by the UAE’s Securities and Commodities Authority (SCA) in August, and currently within a six-month implementation grace period, are expected to come with a series of sanctions for breaches of the regime.
Why advisers are shutting up shop in Dubai’s free zone
Rising rents in the Dubai International Finance Centre (DIFC) and the cost of regulatory compliance maybe to blame for the sudden spate of departures from the free zone by three financial service providers.