Cigna to set up Saudi Arabia office
It is the first foreign insurer to be granted a licence
Saudi Arabia
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Saudi conglomerate invests £233m in UK life insurer
Shortly after it bought a 6.8% stake in M&G
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Saudi conglomerate snaps up £224m stake in M&G
Kingdom Holding Company is controlled by prince and billionaire Alwaleed Bin Talal
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UAE affluence grows unimpeded by pandemic
Individual financial wealth rose to $600bn in 2020 and is expected to keep rising
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Swiss private bank opens wealth office in Saudi Arabia
It will bolster its offering for HNW and UHNW individuals in the ‘key growth market’
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Saudi regulator grants experimental permit to Dubai firm
To offer robo-advice services
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Will Saudi Arabia become a big financial advice player?
CII is exclusive provider of professional exams for the kingdom’s finance academy
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CII bolsters Saudi Arabia adviser education programme
It is a ‘very significant development for the Middle East’s insurance and financial planning sectors’
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IMF urges Saudi Arabia to consider 10% VAT rate
The hike is not expected to happen until after 2021 when other GCC countries could align too
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Largest foreign investment in India ever to ‘boost confidence’
Saudi Aramco is to buy a 20% stake in the oil to chemicals business Reliance Industries
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HSBC GAM offers Saudi Arabia ETF
New exchange traded fund designed to replicate the performance of the MSCI Saudi Arabia 20/35 Capped Index
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Investor protection needed before Saudi govt bond retail plans
Move should be ‘accompanied by a specific regulatory framework’ with access to information about risks