esca tipped to be wholesale regulator for uae
The Emirates Securities & Commodities Authority (ESCA) is likely to become the wholesale regulator in the UAE, regulating life companies to IFAs, according to HSBCs Daniel Rudd.
Middle East
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leumi ceo galia maor to leave
Galia Maor, who has headed Tel Aviv-based Leumi Group for the past 16 years, announced on Sunday that she will leave her post in the second quarter of the year.
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qatar and uae remain frontier markets msci
Index provider MSCI has decided not to upgrade Qatar and the United Arab Emirates from frontier to emerging market status, following an extended review period.
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standard chartd unveils shariah uae offering
Standard Chartered Saadiq, the Islamic arm of Standard Chartered Bank, has launched Shariah-compliant services for individuals and small and medium-sized enterprises in the UAE.
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aviva pulls out of middle east
Aviva is to pull out of the Middle East and has written to regional and international IFAs informing them of its decision to terminate its business partnership with a Dubai-based insurer.
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clyde and co hires partners in doha dubai
International law firm Clyde & Co has made two appointments at its offices in the Middle East.
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deutsche bank appoints uae chief
Deutsche Bank has appointed Nadeem Masud as its chief country officer for the United Arab Emirates.
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coutts hires sadr for uae push
Coutts has appointed Amir Sadr as its head of the UAE market and private office in the Middle East.
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coutts expands middle east private office
Coutts has appointed Amir Sadr as head of the UAE market and private office in the Middle East, as it builds its private office presence in the region.
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dexia am opens in dubai
Dexia Asset Management has opened its first office in Dubai as it plans to broaden its distribution in the Middle East and North Africa region.
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uae expat pension will be standalone entity
The proposed pension scheme for expatriates in the United Arab Emirates will not be subsidised or guaranteed at a government level, according to an economic adviser at the Dubai Department of Economic Development.
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one intl confirms acquisition
Dubai-based financial advisory group, One International has acquired South African IFA firm, Sterling Associates.