Advisers in UAE face tougher environment for financial planning
Sean Kelleher, chief executive of Mondial and Expat Cover, two businesses with both insurance and investment licenses, said new regulations…
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Abu Dhabi Global Market receives 166 applications for fintech challenge
Financial free zone Abu Dhabi Global Market received a total of 166 applications in less than two weeks for its…
Egypt's Pharos advising on deals worth $400 mln
Egyptian investment bank Pharos Holding is advising on 7.5 billion Egyptian pounds ($428 million) worth of deals expected to close…
Zurich names Peter Huber as CEO of international business
Peter Huber has been appointed chief executive of Zurich International, bringing together as one team the insurer’s international life businesses…
Citi returns to UBS for second big banking hire of the week
Citigroup has made its second hire of the week from the senior investment banking ranks of rival UBS, this time…
Saudi Arabia's PIF, SoftBank to launch robotics initiative
Saudi Arabia’s sovereign wealth fund is preparing to launch a pioneering robotics initiative with Japanese technology company SoftBank Group, the…
UAE’s tax authority prepares for excise tax, VAT implementation
The board of the UAE’s Federal Tax Authority has finalised plans for the introduction of excise tax next month and…
Turkey to receive Qatari capital worth $5B
Turkey's Azure Group and one of the five biggest Qatari families have agreed to jointly establish a new company and…
FAB announces Group CRO retirement and new appointment, plus new senior management
“We would like to thank Abhijit for his invaluable contribution to building a robust risk management capability at NBAD and…
Doha Bank highlights Qatar-UK economic ties
Despite the economic blockade on Qatar and UK’s Brexit issues, both the countries have flourishing bilateral trade and business relations. …
Segments of UAE property market set for growth in 2018
As the UAE government pioneers fiscal adjustment in the region in response to declining oil prices, milestones such as Expo…
UAE non-oil private sector grows fastest in over two years
Growth in the UAE non-oil private sector climbed to its fastest pace since February 2015, boosted by new orders and…