Dubai Gov’t initiates crackdown on unlicensed legal firms
The Dubai Government has identified more than 60 law firms operating illegally in the jurisdiction as part of its new crackdown on unlicensed legal services providers.
Dubai
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Dubai’s DIFC aims to triple in size by 2024
The Dubai International Financial Centre has announced plans to triple the number of financial firms operating from the free zone over the next decade, and boost assets under management to $250bn in 2024 from $10.4bn last year.
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Neutral territory: Asset allocator with Infini Asset Management
Vaibhav Jain, founder and director of Infini Asset Management, explains how his hedge strategy delivers in both good times and bad – and the importance of maintaining a market-neutral stance.
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Clearer regulation key to future Dubai success
A sea change in regulation within the UAE is paving the way to growth for financial services businesses operating in the region, as both advisers and clients become more aware of the opportunities available.
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Dubai International Financial Centre posts double-digit growth
Dubai International Financial Centre Investments (DIFCI), the company behind the independent financial hub in United Arab Emirates reported gross profits rose to $181m in 2014 an increase of 23% over the $147m posted in 2013.
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Holborn Assets enters UK with two offices
Dubai-based financial advisory group Holborn Assets has launched two offices in the UK as it looks to take advantage of the “incredible growth opportunities” in the region’s post-retail distribution review international business.
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Forth Capital unveils expat tax service
Geneva-headquartered financial advisory group Forth Capital has launched an international tax service in London after recruiting former long-standing head of tax at Blevins Franks, Nicole Booth, to lead it.
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Nedbank Private Wealth expands Middle East ops
Nedbank Private Wealth, the offshore private bank majority-owned by South Africa’s Old Mutual, said it has doubled its client base in the Middle East during the past two years and has expanded its support team for its Dubai-based operation.
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Back and Forth Business Strategies Forth Capital
An international adviser providing innovative client services is upsetting the status quo in the Dubai market.
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ITA grows Middle East business in Dubai Int’l Finance Centre
Investors Trust Assurance (ITA) has opened an office in the Dubai International Finance Centre (DIFC) to increase its activity in the Middle East.
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ITA grows Middle East business in Dubai
Investors Trust Assurance (ITA) has opened an office in the Dubai International Finance Centre (DIFC) to increase its activity in the Middle East.
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Number of regulated firms in GCC exceed
The number of regulated financial firms operating in the Gulf Cooperation Council (GCC) has exceeded expectations and is set to continue to rise, new research by Insight Discovery has revealed.