UAE

Middle East | 11 Mar 13

Optimism regarding global economic growth prospects has increased in the last year among Gulf intermediaries, but the Eurozone crisis remains a major concern for global financial markets, according to a poll carried out in Dubai last month by Invesco Asset Management.

Middle East | 25 Feb 13

Fund Advisers Europe, a Luxembourg-based advisory firm whose two principals worked for industry giant deVere at earlier points in their careers, is looking to expand into the Gulf, and has hired well-known ex-deVere exec Spencer Lodge to head up its new Dubai office.

Middle East | 13 Feb 13

A quasi-elected council with legislative powers today rejected a plan that would have eased the rules on foreign ownership in the United Arab Emirates.

Middle East | 12 Feb 13

The UAE's private sector has "benefited greatly" from the country's rapid growth and should do more to employ Emirati citizens, Sheikh Mohammed bin Rashid Al Maktoum, Prime Minister of the UAE and ruler of Dubai was reported as saying at the region's summit.

Middle East | 24 Jan 13

The board of the UAE Financial Services Association has been disbanded by co-founder Arwa Hamdieh ahead of elections to select a new board in mid-February.