Dubai-based IFA firm Prestige Wealth Solutions (PWS), which advises local expats on their pensions, has teamed up with investment manager Quilter Cheviot to offer its clients a discretionary management service.
Amundi, Europe’s biggest asset manager, has formally announced that Nesreen Srouji has been appointed as its chief executive for the Middle East.
The Financial Services Regulatory Authority of the Abu Dhabi Global Market (ADGM) signed a memorandum of understanding with the Cayman Islands Monetary Authority on Thursday.
Zurich Global Life and Simplylife, a unit of Abu Dhabi Commercial Bank (ADCB), have announced a five-year cooperation deal to market and distribute protection products through Simplylife’s network in the United Arab Emirates (UAE).
Saudi Arabia has formally unveiled its National Transformation Plan, which sets out how it will more than triple its non-oil revenue, cut state handouts and create more than 450,000 new jobs in the private sector, all by 2020.
Saudi Arabia’s National Transformation Plan, the major part of the “Vision 2030” reform agenda announced by deputy crown prince Mohammed bin Salman in April, is expected to be approved by the government on Monday, according to media reports.
The Dubai Health Authority has decided to delay imposing any penalties on individuals and their dependents if they fail to meet a 30 June deadline to sign up for mandatory health insurance cover.
The Saudi Arabian Public Investment Fund (PIF), the kingdom’s long-term sovereign investment arm has invested $3.5bn (£2.4bn, €3.1bn) in the US-based online taxi service Uber, the Saudi press agency announced.
AES International has decided to implement the advice and wealth management platform Xplan, developed by Australian technology company IRESS, to help remove time-consuming manual processes across its business.
Eshara Capital, the first investment fund managed out of the Abu Dhabi Global Market (ADGM), has launched its first strategy, providing global investors access to UAE and Saudi Arabian equity markets and upcoming IPOs.
Dubai-based advisory firm Prestige Wealth Solutions (PWS) has been granted a broker licence by the UAE’s Insurance Authority (IA), the company has revealed.
The Dubai International Finance Centre (DIFC) is on course to match its record breaking results of 2015 this year despite the impact of lower oil prices on activity across the Gulf region, according to its chief business development officer, Salmaan Jaffrey.
