UAE

The shape of things to come
15 Sep 2011
Expert Comment, Features, Insight Discovery, Nigel Sillitoe, Regulations, UAE
The UAE’s ubiquitous new fund regulations have been widely discussed behind closed doors, but it’s hard to tell exactly what effect they will have on the local fund industry and the wider GCC
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Six more months
16 Aug 2011
Al Tamimi, Alan Durrant, AllianceBernstein, Features, Husam Hourani, Morgan Harging, MSCI, NBAD, Qatar, UAE
For more than a year the financial centres of Qatar and the UAE have been implementing strategic changes in the hope of winning MSCI’s coveted emerging market status. But the decision has now been held back until December prompting mixed feelings on what this means for Mena
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Indices rush to upgrade UAE before MSCI decision
12 Aug 2011
Emerging Markets, MSCI, News, Russell, S&P Indices, UAE
Russell’s Global Index has upgraded the UAE from frontier to emerging market status, and S&P Indices is likely to follow suit, Mena FM has learned
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Going broke
18 Jul 2011
brokerage, Features, UAE
The UAE’s brokerage outfits are dropping like flies, with market saturation and depleting volumes said to be the main drivers. But amid the consolidations and closures there may be an opportunity for the region’s financial sector to start afresh
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MSCI upgrade delay keeps FIIs out of UAE, Qatar
15 Jul 2011
Lansforsakringar, Montreal Transit Corporation, MSCI, News, Pension Funds, Qatar, Searches, UAE
Investors are stalling on the UAE and Qatar until MSCI reaches a decision on reclassification, according to industry sources.
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Rasmala closes brokerage arm in company shake-up
26 May 2011
brokerage, News, private equity, Rasmala, UAE
Rasmala Investment Bank is winding down its retail brokerage operations in the UAE in a company-wide restructure, as co-CEO David Woods announces plans to retire.
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No uncertain terms
20 May 2011
Expert Comment, Features, regulation, SCA, UAE
New draft regulations introduced by the Emirates Securities and Commodities Authority (SCA ) are causing concern among fund managers and service providers, not least due to the confusion surrounding them
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Draft regulation threatens UAE fund industry
1 May 2011
Emirates Securities and Commodities Authority, Fund Managers, News, Regulations, UAE
UAE-based fund managers are threatening to leave the jurisdiction in response to new draft regulations issued by the Emirates Securities and Commodities Authority (SCA), Mena FM has learned.
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UAE funds lead as Arab markets claw back lost ground
26 Oct 2009
News, UAE
UAE equity funds have performed strongest among Mena country-specific funds so far in 2009
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