Bahrain
Number of regulated firms in GCC exceed
The number of regulated financial firms operating in the Gulf Cooperation Council (GCC) has exceeded expectations and is set to continue to rise, new research by Insight Discovery has revealed.
Middle East | 15 Jan 14
single gcc visa likely by mid 2014
A visa scheme similar to Europe’s Schengen Visa programme‚ which would allow Gulf-based expatriates and foreign businessmen “to move easily” across the borders of the six-country GCC region‚ is being considered and is likely to be in place “by mid-2014”‚ Gulf media have reported.
Middle East | 3 Sep 13
hsbc cuts more middle east operations
HSBC, one of the Gulf's largest international banks, is to stop offering wealth management products in Bahrain, Jordan and Lebanon, as it continues to shed its less profitable operations globally, following a strategic review.
fpis executive exodus continues with departure
Peter Drummond has become the latest Friends Provident International executive to leave the company, with his move to Bahrain-based Omnilife Insurance, as general manager.
Middle East | 1 Jan 13
tunisia financial centre going ahead
A $3bn plan to create what is being billed as North Africa’s first offshore financial centre in Tunisia is still on, with construction work set to begin this month, according to the Bahrain-based investment bank behind the project.