UAE
Middle East | 2 Jun 15
Mondial Group rejects commission for new consultancy
Dubai-based financial advisory business Mondial Group has formally launched a new insurance consultancy which has salaried rather than commission remunerated staff.
UAE and HK investors shunning advice
Only a small minority of investors in the United Arab Emirates and Hong Kong will seek financial advice this year, despite the risk of missing out on large returns, this year’s Schroders Global Investment Trends Survey has revealed.
Dubai International Financial Centre posts double-digit growth
Dubai International Financial Centre Investments (DIFCI), the company behind the independent financial hub in United Arab Emirates reported gross profits rose to $181m in 2014 an increase of 23% over the $147m posted in 2013.
Investment | 1 Apr 15
New UAE advice licence could include full financial planning
Advisers in the UAE that are licensed by the Securities and Commodities Authority (SCA) may be given an extension to enable them to offer clients fully holistic financial planning.
Middle East | 11 Mar 15
Holborn confirms UAE authorisation
Holborn Assets, one of the largest insurances brokerages in the United Arab Emirates, has confirmed that it has remained authorised in the UAE following its absence from the Insurance Authority’s (IA) latest list of licenced firms in the region.