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Abdullah Mohammed Saleh, a respected and well-known United Arab Emirates financial services figure, has died according to local reports. Saleh, pictured above, had played a pivotal role in positioning Dubai as an international hub for the financial services industry and was a former head of the Dubai International Financial Centre (DIFC). He passed away on […]
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 influential UAE regulator – which regulates financial services activites that take place within the Dubai International Finance Centre – said that the DIFC agreement was designed to “enhance […]
The Dubai Financial Services Authority, which regulates financial services businesses operating within the Dubai International Financial Centre, has issued a warning to “members of the financial services community and members of the public” about what it says are “false claims” to being DFSA-regulated by David Harding and the Harding Capital Group. In a statement on […]
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 its clients in the Middle East and North African region. Nesreen Srouji was formally named chief executive officer of Amundi Middle East last May, and was originally based […]
The Dubai International Financial Centre (DIFC) and India’s Gujarat International Finance Tec-City (GIFT) have agreed to “cooperate and collaborate in financial activities of mutual interest” as ties between the two countries move “closer together”. DIFC and GIFT have signed a Memorandum of Understanding (MoU) that will see both countries exchange information on banking, financial services, […]
The Bank of Singapore has been granted a licence to open a branch office in Dubai’s International Financial Centre, as it looks to cater for wealthy expats and locals in the Gulf. The new licence will permit the Bank of Singapore, a part of the Oversea-Chinese Banking Corp, to carry out private banking services in the […]
While the oil wealth of Saudi Arabia has long attracted foreign investors and their financial advisers and wealth managers, the peculiarities of operating in the KSA itself have, at least until now, tended to put off all but the most enthusiastic from establishing a physical presence in the Kingdom. And to be sure, the rules […]
When financial services expats are far from home in a foreign land, they periodically like to congregate in places where they can, for a brief time at least, be among their own kind. As we have been observing over the last few weeks, as we’ve begun looking at where expats like to hang out, it […]
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