UAE
Middle East | 5 Apr 17
UAE’s Oman Insurance offers life bond with capital protection
Dubai-headquartered Oman Insurance Company (OIC) has launched a new single premium insurance plan which offers a portfolio of exchanged-traded funds (ETFs) with built-in downside protection.
Middle East | 5 Apr 17
Dubai advisers share challenges facing retirement planning
From the new Qrops tax charge in the UK to the growing international mobility of
clients, financial advisers in Dubai give their views on the challenges they face
in helping clients plan for their retirement.
SA expats in UAE could use tax treaty to avoid new income levy
South African expats working in the Emirates could be exempt from a new tax on their foreign income under the terms of a recently-signed double tax treaty between South Africa and the United Arab Emirates (UAE).
UAE could face a ‘Hong Kong-style’ life sales slump
Asia has traditionally been the principal market outside the UK for international life business but growth in sales from the two key regional hubs of Hong Kong and Singapore has come to a halt, says Provisca founder Bryan Low.
Middle East | 28 Mar 17
Financial advice hit by UAE value-added tax, not life products
Details of the VAT system to be introduced for the first time in the UAE reveal that the standard rate of 5% will be levied on fee-based financial advice but not on the sale of life products.