aes international invites uae advisers to join
London-domiciled advisory company AES International is inviting advisers in the United Arab Emirates to join its Dubai-based operations through its network model.
London-domiciled advisory company AES International is inviting advisers in the United Arab Emirates to join its Dubai-based operations through its network model.
This year’s International Pensions Forum in Dubai attracted over 190 delegates from across the United Arab Emirates.
Independent multi-asset manager PineBridge Investments has recruited the former head of Bahrains sovereign wealth fund, to lead its Middle East and North Africa business.
The Dubai Financial Services Authority (DFSA) has warned the UAEs financial services industry and members of the public not to be taken in by an email scam which it said impersonated the head of Dubais Financial Centre.
Dubai is planning to go ahead with an “ambitious” pension fund for expatriates before the end of the year, a Gulf news website is reporting.
The deVere Group has agreed a strategic alliance with Dubai-based ECS Insurance Brokers LLC that it says will lead to a full ownership by deVere, according to a statement issued yesterday by the global financial advisory firm.
Swiss private banking group, Julius Baer has opened a representative office in Tel Aviv, the companys first in Israel.
With the oversight of financial advisers in the UAE in the process of being migrated to the Emirati Securities & Commodities Authority (SCA) from the countrys Central Bank and, it seems, the Insurance Authority the body currently setting the qualifications for SCA-regulated Emirati stockbrokers is gearing up to cater for advisers and wealth managers.
Bahrains financial sector grew in 2011, its Economic Development Board said today, despite political unrest in the country during the past 12 months.
Financial intermediaries in the Middle East are relatively cautious about the outlook over the next ten months, with just 38% of some 207 surveyed by Invesco on 1 Feb saying they had a positive view on prospects for growth this year.
Converting a financial services business to a Shariah-compliant model could increase the value of a company by 18% to 25%, due to the current scarcity of genuine Islamic investments, a report issued by Switzerland-based Bank Sarasin concludes.
Banking giant BNP Paribas, which runs its regional Middle East business from Bahrain Financial Harbour, has opened two offices in Dubai, prompting speculation that it is seeking to mitigate risks related to ongoing political unrest in Manama, the Bahraini capital.