Crosslane Fund Manager has announced the launch of its Dubai office, appointing Lee Jones as head.
Neuberger Berman has appointed Fahmi Abdulhamid as vice president of MENA distribution.
More than six in 10 delegates to the latest Dubai Precious Metals Conference voted for gold hitting $3,000 by 2014, although investment banks such as UBS and Goldman Sachs have cut their price forecasts in recent days.
The biggest concern for global financial markets among Middle East intermediaries is the ongoing eurozone crisis, according to the latest annual poll of advisers by Invesco Asset management Limited.
Success in generating an estimated additional SEK1.1bn in taxes since 2010 has persuaded Swedish tax authorities to target Hong Kong, Panama, Dubai and Qatar for tax information and exchange agreements, as the country continues to close off existing loopholes...
Global sukuk issuance for 2012 is expected to reach a new all-time high, more than doubling the pre-crisis record total set in 2007, according to the Zawya Sukuk Monitor.
Delegates to the inaugural Dubai Multi Commodities Centre Precious Metals Conference have considered the question whether gold could head for $4,000 within the next five years.
Middle Eastern investors are increasingly looking to make fund of hedge fund investments, according to Francisco Arcilla, head of funds of hedge funds at French group Axa Investment Managers.
Nomura has hired three senior foreign exchange traders in Dubai as part of the expansion of its global rates and FX trading business into the Middle East.
Financial advisors and intermediaries based in the Middle East are positive about their business prospects through this year and beyond, according to a poll conducted by asset manager Invesco.