Kuwait
HSBC unveils wealth management operation in Kuwait
After launching similar services in the UAE, India and Mexico
Surge in high net worth Gulf nationals in the UK
Population hit a five-year high with a 28% rise since 2014
UAE and Saudi Arabia life industry face consolidation says S&P
Regulatory pressures and fierce competition will lead to significant consolidation of the life industry in the UAE and Saudi Arabia over the next two years, according to a report by S&P Global Ratings.
Middle East | 26 Oct 16
Kuwait rejects a separate insurance regulator
Kuwait’s Ministry of Commerce and Industry has rejected a proposal to establish a separate body to oversee the insurance industry, despite wide-sweeping reforms to sector’s capital adequacy requirements.
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.