UAE insurance regulator sharpens its teeth
Insurance Authority set to enforce over 200 new fines on firms and brokers for not complying with its rules
Middle East
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State Street seeks UAE intermediary funds approval
As it looks to reach investors not previously actively targeted by the firm
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PEOPLE MOVES: Generali Insurance AM, Rathbones IM, Pimfa
Changes at the top for the Italian insurer, Rathbones names Jersey investment director
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Abu Dhabi regulator fines investment firm and its founder
Company gave up its financial services permission in January 2019 but was still sanctioned
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Health issues hitting people at younger age in the Middle East
Cancer and heart attacks top list of life and critical illness claims
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UK expats in the Gulf risk breaching pension allowance
Generous schemes attract workers but could lay the groundwork for hefty future tax bills
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PEOPLE MOVES: DeVere Group, HSBC, Deutsche Bank WM
Global financial adviser firm makes two hires and German bank appoints Gulf head of wealth management
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Oman and UAE banks eye high net worth market
Wealth management centre and investment solutions on agenda to grow client offering
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Qatar unveils visa facilitation centre in India
Move aims to provide a ‘smoother’ application process for Indian jobseekers
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NRIs to get degree equivalence in UAE
Wording issues meant many qualifications were not recognised in the Gulf region
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Oman-based firm rolls out wealth management operation
The offering is part of the firm’s growth strategy to service high net worth customers
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Friends Provident International sale update
Rumours circling that deal has fallen through