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Abu Dhabi regulator partners with UK fintech specialist CoreFiling

By: Eugene Costello | 20 Sep 2017

Abu Dhabi Global Market (ADGM), Abu Dhabi’s international financial centre, has announced that it has partnered with innovative UK-based financial reporting firm CoreFiling to introduce an electronic…

Falcon Private Bank names new chairman as part of reshuffle

By: Adrien Paredes-Vanheule | 19 Sep 2017

Falcon Private Bank, the Zurich-based, Abu Dhabi-owned banking entity, has named Roberto Grassi to succeed Christian Wenger as chairman. Wenger stepped down earlier this month in the wake…

Globaleye names Byron Murphy to MD role

By: Helen Burggraf | 18 Sep 2017

Globaleye has named Byron Murphy, a seasoned expat advisory executive who has largely focused on the high-net-worth expatriate market in Southeast Asia,  to succeed Scott Balsdon as…

DFSA signs MoU with Lebanon

By: Gary Robinson | 18 Sep 2017

The Dubai Financial Services Authority has entered into a Memorandum of Understanding with Lebanon’s Capital Markets Authority. In an announcement made earlier today on its website, the…

PEOPLE MOVES: Franklin Templeton, TOBAM

By: Eugene Costello | 14 Sep 2017

Franklin Templeton Investments has appointed Avinash Satwalekar as country head and chief executive of its Malaysia operation, the California-based asset management behemoth has announced. Satwalekar (pictured left) joins…

Jamie Dimon adds to cryptocurrencies’ recent woes

By: Helen Burggraf | 13 Sep 2017

Cryptocurrencies took another hit on Tuesday and Wednesday, after a Chinese over-the-counter cryptocurrency trading service announced that it would suspend over-the-counter bitcoin and bitcoin cash trading services…

Trial to start in £267m Abu Dhabi cars-to-camels fraud

By: Eugene Costello | 13 Sep 2017

Witnesses for the defence of 54 men charged with involvement in what is believed to be the biggest investment fraud ever uncovered in Abu Dhabi will begin…

‘Drop in confidence’ cited as latest GFCI ranking published

By: Helen Burggraf | 11 Sep 2017

There has been an “overall drop in confidence” among the world’s top financial centres over the past six months, although in terms of points, Brexit-battered London only…

Bahrain tops latest survey of expats’ favourite destinations; UK, US among biggest losers

By: Helen Burggraf | 08 Sep 2017

The small Arab monarchy Bahrain has emerged as the preferred destination in the latest edition of Expat Insider’s annual survey of expatriates, which polled some 12,500 people…

Saudi Arabia rows back on aspects of transformation plan

By: Eugene Costello | 07 Sep 2017

Saudi Arabia is reworking its National Transformation Plan (NTP), aimed at boosting the private sector and reducing the Gulf state’s reliance on oil revenues, just one year…

Zurich names Huber as CEO for its int’l business

By: Gary Robinson | 07 Sep 2017

Zurich has joined together its operations in the Middle East, Isle of Man and its Corporate Solutions (including Zurich Eurolife) as one team. Peter Huber, pictured left, has…

UK lingerie supremo to market Dubai flats for sale in bitcoin

By: Eugene Costello | 06 Sep 2017

Lingerie tycoon Michelle Mone and her boyfriend, Isle of Man businessman Doug Barrowman, are marketing a £250m development underway in Dubai with luxury apartments available for purchase…

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