former dfsa chief tasked with setting
Abu Dhabis new financial centre has appointed Jan Bladen, former chief operating officer of the Dubai International Financial Centres regulator, to oversee its launch.
Middle East
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family offices on radar as insight discovery
Financial research firm Insight Discovery is set to begin its annual Middle East Investment Panorama in the coming weeks, and will this year include a study of family offices operating in the GCC.
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deutsche bank must hand over documents
Deutsche Bank must produce certain documents in connection with an investigation into suspected anti-money laundering, the Dubai International Financial Centre Courts have ruled.
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wells fargo asset mgt puts team into dubai
USheadquartered Wells Fargo Asset Management is putting a team in Dubai to provide for the first time a dedicated presence on the ground in the region.
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New UAE Insurance Authority rules mean added costs
The cost of doing business for brokers in the UAE is set to rise significantly because of new legislation introduced by the Insurance Authority.
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Zurich Int’l temporarily suspends terms
Zurich International in Dubai has suspended its terms of business with Continental Insurance Brokers‚ according to industry sources.
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More than 50 financial services firms join DIFC
The Dubai International Financial Centre saw the total number of companies registered with it jump by 14% over the last year, including 55 new financial services firms.
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uae insurance authority signs new broker
Legislation introducing tighter‚ more punitive rules for brokers based in the United Arab Emirates is believed to have been signed into law.
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lazard poaches ing im execs for dubai office
Lazard Asset Management is to open an office in Dubai to support its existing MENA fund management activities, and has hired ING Investment Management CEO Farah Foustok to lead the office.
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first state plans dubai office by june end
First State Investments is aiming to set up a Dubai office in the 'first half of this year' and ahead of this has named key appointments to grow the EMEA business.
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uae president in stable condition after stroke
The president of the UAE and ruler of Abu Dhabi continues to be in a stable condition after suffering a stroke on Friday‚ according to the state-run WAM news agency.
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qatar tops gulf countries as most expensive
Qatar is the most expensive country to live in in the Gulf Co-operation Council region‚ according to Cost of Living Reports Middle East (CLR).