investment boutique looks to gulf
A recently established London-headquartered investment boutique has revealed plans to build working partnerships with IFAs based in the Middle East.
Middle East
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update devere buys gulf based advisory firm acuma
The world’s largest independent financial advisory company, deVere, has acquired Acuma, a successful wealth manager headquartered in Dubai, International Adviser can exclusively reveal.
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deVere buys gulf based advisory firm acuma
The world’s largest independent financial advisory company, deVere, has acquired Acuma, a successful wealth manager headquartered in Dubai, International Adviser can exclusively reveal.
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abu dhabi government sacks expat workers
The administrative arm of Abu Dhabi's top government department, the General Secretariat of the Executive Council (GSEC), has dismissed most of its expatriate employees, according to Reuters.
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nodjoumi steps down as nexus ceo
Mahmoud Nodjoumi, the founder and chief executive of Nexus Group, the largest independent insurance broker in the UAE, is to step down.
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emirati broker qualification needs reduced
The UAE’s Securities and Commodities Authority has announced an “emiratisation” programme for the financial brokerage sector.
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saudi arabia to move weekends in line
Beginning this weekend, Saudi Arabia is to change its working week to Sunday through Thursday, to bring it into line with most of its Gulf neighbours.
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principal global investors distribution head
Principal Global Investors has named Gaurav Kumar as head of funds distribution for the Middle East.
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hsbc reported shutting small business
HSBC has told an undisclosed number of small and medium-sized enterprises in the UAE that they must close their accounts, a Gulf media organisation is reporting today.
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standard chartered plans iraq deployment
Standard Chartered is reportedly planning to expand its transaction banking business into new countries in order to capture global trade flows which are increasingly shifting east.
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qatar and uae to receive msci upgrades
The MSCI indices of Qatar and the United Arab Emirates are to be upgraded to emerging market status from May next year.
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interglobal adds to sales team
InterGlobal, the UK-based international private medical insurer, has made a series of appointments to its global sales team, as it seeks to boost its presence in such markets as Africa, Asia and the Middle East.