Gulf state eyes income tax in shock move
It would be the first country in the region to go down this road
Oman
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Cayman Islands and Oman removed from EU blacklist
But Anguilla and Barbados are added
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Insurance group eyes bid for Axa’s Middle East life operation
As rumours suggest French firm wants to pull back from less profitable markets
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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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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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UAE’s Oman Insurance offers life bond with capital protection
Dubai-headquartered Oman Insurance Company (OIC) has launched a new single premium insurance plan which offers a portfolio of exchanged-traded funds (ETFs) with built-in downside protection.
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Oman Insurance boss Peter Drummond moves LG
Peter Drummond has stepped down from his role as head of Oman Insurance after just 11 months and is to take on a new position as chief executive of Legal & General Gulf.
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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.