Dubai

Middle East | 22 Jan 16

Invesco’s well respected Middle East chief, Nick Tolchard, has moved to a new role as head of EMEA for Invesco Fixed Income (IFI), where he will lead the team charged with developing the distribution of the investment manager’s fixed-income products across Europe, the Middle East and Africa.

Middle East | 30 Dec 15

Regulatory change, whether from growing enforcement of existing rules or the emergence of new ones, had a major impact on international life companies and financial advisory businesses in the Gulf during 2015.

Middle East | 21 Dec 15

The Dubai Financial Services Authority (DFSA) has censured investment banking advisory firm MAS ClearSight and directed it to pay compensation of $3.2m (£2.1m, AED12m) to 20 investors for contravening the DFSA’s law and rules.

Companies | 16 Dec 15

Industry consolidation, moves away from commission income and a greater focus on financial planning are all on the horizon for 2016, according to four top Dubai-based financial advisers.

Companies | 2 Dec 15

The Zurich Insurance Group is to cut back its general insurance operation in Middle East as part of a global restructuring that has seen it also exit the life business in Singapore.