UAE
Middle East | 30 Aug 16
UAE plans to impose fund registration fees on life products
The Securities and Commodities Authority (SCA) in the UAE has circulated a draft set of regulations which will for the first time impose the foreign funds promotion registration fee on mutual funds offered as part of life insurance products.
Liechtenstein approves double tax agreement with the UAE
Liechtenstein has approved a double taxation agreement (DTA) with the United Arab Emirates, as well as Iceland and Andorra.
Killik & Co confirms Dubai office closure
Wealth planning and investment management firm Killik & Co is to close its Dubai office, its only presence outside the UK, at the end of September and service all its global clients from the company’s London headquarters.
DeVere Acuma plans UAE expansion, pulls PIC brand
The deVere Group has announced that it will incorporate its Professional Investment Consultants (PIC) Middle East business into its deVere Acuma operation in the UAE as part of a strategic plan to expand across the region.
Obesity a key factor in UAE insurance claims, says Zurich
Expanding waistlines in the United Arab Emirates are having an impact on the region’s insurance claims, with obesity often a contributing factor in both life insurance and critical illness claims, according to Zurich Insurance Group.