Quilter Cheviot opens marketing office in Dubai
Quilter Cheviot, the London-headquartered discretionary investment manager bought by Old Mutual Wealth in February last year, has opened a representative office in Dubai.
Middle East
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CISI launches two new qualifications in Middle East
The Chartered Institute for Securities & Investment (CISI) has launched two qualifications on financial crime prevention in the Middle East to tackle the increased threats of cyber crime and financial crime.
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Jersey signs double tax agreement with UAE
Jersey has signed a double tax agreement (DTA) with the United Arab Emirates in a bid strengthen trade links between the two countries, it has been revealed.
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Saudi Arabia borrows $10bn from global banks
Saudi Arabia is poised to tap the international loan market for the first time to raise $10bn (£7bn, €8.8bn) to help fill a huge budget deficit caused by the dramatic fall in oil prices, and may also issue a debut global bond, according to bankers cited in several media reports.
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Sarah Lord scales new heights in professional development
Killik & Co’s Sarah Lord talks about her thirst for personal and professional development, her belief in the fees-based model and her time in the United Arab Emirates, where commission is still king.
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Franklin Templeton expects sukuk momentum
The strong development of Islamic finance is “a reflection of genuine retail demand”, said Mohieddine Kronfol, chief investment officer of global sukuk and MENA fixed income.
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Advisers must ‘upskill’ for ME retirement liability issue
The majority of employers in the Middle East do not set aside specific assets to cover their end of service benefit (EOSB) liabilities, according to a survey by Zurich Global Life’s Middle East and Africa division.
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Expats feel most at home in Bahrain
Bahrain topped HSBC’s Expat Explorer survey with two thirds of expats feeling at home within a year of moving.
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Dubai establishes new endowment centre
Dubai is to establish a centre for endowment consultancy services, and the city will get a new district dedicated to endowment buildings and housing.
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Axa launches new joint venture life company in the UAE
French headquartered insurer Axa has today created a significant new presence in the UAE region after completing on its investment in Green Cresent Insurance.
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Aberdeen enters Abu Dhabi financial centre
Aberdeen Asset Management has confirmed that it will open an office in the Abu Dhabi Global Market (ADGM) towards the end of the year.
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Falcon Private Wealth Dubai secures DFSA licence
Falcon Private Wealth Dubai has received final licence approval to operate from the Dubai International Financial Centre (DIFC), with immediate effect.