UAE
Life and critical illness claims surge in Middle East
With $111m paid out over the last three years, Zurich found
Nearly 90% of expats in UAE not equipped for retirement
As they intend to work ‘as long as they are able to’ past the state retirement age
UAE warns of tough action if Pakistani bank violated AML laws
The central bank also separately called on mortgage lenders to halt ‘certain unacceptable practices’
How will merger of UAE regulators affect advice sector?
Firms ‘would no doubt have to change or replace their current licences which would come at a cost’
House hunting inheritors in UAE could be left disappointed
Average expected inheritance now stands at just over AED1m