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Amundi opens Dubai office as it expands into MENA region

By: Helen Burggraf | 25 May 2017

Amundi, the Paris-based, Euronext Paris-listed asset manager has opened an office  in the Dubai International Financial Centre, which it said would enable it to better look after…

Fresh blow hits UAE insurance providers, as Central Bank cracks down

By: Helen Burggraf | 18 May 2017

As the UAE insurance industry was still coming to terms with a package of regulations contained in a recently-published UAE Insurance Authority circular,  it has now been…

Ex-Globaleye MD Balsdon joins Dubai-based Holborn Assets in new role

By: Helen Burggraf | 17 May 2017

Scott Balsdon, who left the Dubai-based Globaleye advisory business earlier this year after four-and-a-half years as its managing director, has joined another well-known Dubai firm, Holborn Assets,…

New insurance regs in Qatar: Clyde & Co’s take

By: Roger Phillips, Clyde Co Legal Director | 17 May 2017

The United Arab Emirates isn’t the only Gulf country in which insurance company executives are agonising over the exact meaning of new regulations affecting their industry. A…

Now Saudi public sector told to ‘fire all expats by 2020’

By: Gary Robinson | 16 May 2017

Saudi ministries have been given three years to part company – either by sacking  or  voluntary means – with all of their expatriate workers, according to local media reports. In the…

Zurich in 10-year ‘exclusive’ UAE deal with StanChartered

By: Helen Burggraf | 09 May 2017

The Zurich arm of the Swiss Zurich insurance group has agreed a 10 year “exclusive’ deal with the Standard Chartered banking group to provide Standard Chartered’s United…

CFI Group to target HNWI and UHNWI with new Dubai branch

By: Gary Robinson | 08 May 2017

CFI Group Holding has opened a subsidiary in Dubai  to target HNWI and UHNWI individuals and businesses under the trading name Credit Financier Invest (DIFC) Ltd. CFI-DIFC was…

The Big Interview: Nigel Green, chief executive and founder of deVere

By: Gary Robinson | 05 May 2017

Nigel Green, chief executive and founder of international financial firm deVere, is lauded by some and criticised by others for his work – thus a genuine contender…

Citing new regs, Globaleye names compliance expert

By: Gary Robinson | 04 May 2017

Dubai-headquartered Globaleye, has appointed a new international compliance specialist to oversee the company’s processes as bids to change its operations to meet the requirements of the UAE Insurance…

The UAE IA’s Circular No. 12: ‘Advisers, get ready to be registered, tested’

By: Gordon Robertson, Director, Investme Financial Services LLC, Dubai | 04 May 2017

Towards the end of last month, the United Arab Emirates Insurance Authority quietly went public with a 26-page synopsis of its latest thoughts with respect to its…

Dubai ‘regtech’ event to highlight how to halve compliance costs

By: Gary Robinson | 03 May 2017

The use of disruptive regulatory technology (regtech) to reduce compliance costs for financial institutions by as much as 50%, will be one of a number of subjects…

DeVere names GM to e-bank, declaring traditional banking ‘finished’

By: Gary Robinson | 02 May 2017

DeVere Group, has today named Donatas Kontrimas as general manager of its recently launched banking operation, deVere Vault. DeVere Vault, is a global e-money app and banking…

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