Acuma-sponsored PGA Order of Merit 2010 draws to a close
The final event of the Acuma-sponsored PGA Order of Merit season - The PGA Championship, was played last week at the Saadiyat Beach Golf Club. Callum Nicoll won in a play-off over Stephen Deane...
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Acuma looking to expand its workforce in Abu Dhabi
Acuma Wealth Management, one of the most respected providers of financial planning solutions in the Gulf region, is looking for talented, experienced individuals or ambitious, established groups...
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Business confidence up across Gulf
Business confidence rose across almost all Gulf countries in the first quarter of 2010, according to the latest HSBC Gulf business confidence index. Only Bahraini business people saw a slight dip...
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Acuma and IP Global join forces to provide property investment service
Acuma Wealth Management has formed an alliance with IP Global Ltd to create a new investment partnership.   IP Global is a property investment company with offices in Hong Kong and...
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Acuma-sponsored UAE PGA Order of Merit gets underway
Richard Sheridan began the defence of his UAE PGA Order of Merit title in style with a two-stroke victory at the season-opening Ras Al Khaimah Open. Al Badia Golf Club professional Sheridan...
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Final Acuma-sponsored UAE PGA Patrons' Alliance event held at Emirates Golf Club
The final event in the UAE PGA Patrons' Alliance was held at the end of September on the Wadi by Faldo at Emirates Golf Club.  Richard Sheridan from Al Badia took the honours with an...
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Economic optimism soars, according to Merrill Lynch survey
Investor optimism about the global economy has soared to its highest level in nearly six years with portfolio managers putting their cash back into equity markets, according to the Merrill Lynch...
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First Acuma-sponsored UAE PGA Patrons' Alliance event takes place at Arabian Ranches
The first event in the newly-launched UAE PGA Patrons’ Alliance was held on 23 July at Arabian Ranches Golf Club.  The golf tournament series, which aims to bring together the...
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Acuma sponsors MoneyWorks networking event
Acuma were sponsors of MONEYworks Magazine's first Young Professionals Evening on June 17, the first of many networking evenings and other events to be staged by MONEYworks. According to Nick...
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New fixed term 1 year "Tracker" bond launched
Alliance & Leicester International Limited launched a new one year tracker bond today that pays up to 3.00 per cent above the Bank of England Base Rate. Available to both new and existing...
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Special event: What do recent budget changes mean for Australians' tax-free income?
Acuma has been inundated with questions from Australians living here in the UAE regarding the recent budget changes and what they mean for their tax free income here.   In...
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Morgan Stanley positive on Middle East equities
Morgan Stanley has revised its recommendation on the MSCI Arabian Markets Index, recommending investors to begin increasing their exposure to Middle Eastern stocks as valuations are more...
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FPI offers online protection tool for region's IFAs
Friends Provident International (FPI) has launched the Middle East's first online application tool for protection business. The new system will ease and accelerate the process for advisers to...
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Cheques presented to beneficiaries of Acuma-sponsored Duke of Edinburgh Cup
A presentation of cheques to the recipients of funds raised by the Duke of Edinburgh Cup/Mark Bettsworth Memorial was held on 28th April at The Arabian Court, The One and Only Royal Mirage. The...
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Acuma announces collaboration with new Dubai-based website
Acuma has announced its partnership with MyMoveDubai.com, a new website dedicated to providing essential information to those relocating to, and living in, Dubai. Following on from...
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Citi reports Q1 revenues of US$24.8 billion
Citigroup Inc. (NYSE: C) has reported net income for the first quarter of 2009 of US$1.6 billion and a loss per share of US$0.18, based on 5,385 million shares outstanding. Revenues of US$24.8...
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HSBC eases loan requirements
HSBC Bank Middle East, today, announced the reduction in minimum salary requirement for personal and auto loans to AED10,000 in the UAE. Personal Finance is available from AED50,000 to a...
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StanChart offers 'Lifebuilder' Plan in UAE
Standard Chartered Bank offers the new 'Life Builder Plan' in the UAE provided by the American Life Insurance Company (ALICO). The Plan offers regular saving insurance plans with guaranteed...
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Acuma becomes official Patron of UAE PGA
Acuma Wealth Management has signed an agreement to become an Official Patron of the UAE Professional Golfers Association (UAE PGA), alongside Al Naboodah, TNT and Auriga. The agreement means...
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HSBC to offer 75% mortgages
HSBC Bank Middle East Limited announced today that loan-to value (LTV) ratios have been increased to 75 per cent on its Flexi-Loan and EIBOR based mortgage products as well as on it HSBC Amanah...
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AXA Gulf reports a strong 2008
According to Jean-Louis Laurent Josi, CEO, "2008 was again an excellent year for AXA Insurance Gulf despite market turmoil. All our lines of business as well as all our entities in the Gulf...
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GCC to outpace developed markets
Emerging markets will continue to grow at a faster pace than developed markets in 2009, says a senior global strategist at J.P. Morgan.   “Our investment bank is looking for a GDP...
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RSA posts 43 per cent growth
RSA Asia & Middle East posted a growth of 43 per cent (30 per cent on constant exchange) in premiums for the year 2008 compared to the previous year. The results were led by Middle East...
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New law to foster data sharing
Emcredit, the UAE's first government-backed credit information services company, hailed the Federal National Council's approval of a draft Credit Information Law as a significant step in fostering...
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Acuma receives third financial licence
Acuma Insurance Brokers LLC has been awarded a financial services licence from the Health Authority of Abu Dhabi (HAAD).  This is Acuma’s third licence, adding to others from the UAE...
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GCC Regulators' summit kicks off
The Complinet 3rd Annual Gulf Cooperation Council Regulators' Summit kicked off in Dubai yesterday with nearly 300 delegates attending the opening session. The keynote opening address was...
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Acuma set for expansion
Despite the current economic downturn, the future for Acuma Wealth Management looks bright as January 09 business soared 30 per cent on the same period last year.  Acuma has been providing...
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Dubai government launches $20 billion bond programme
The Dubai government has launched a US$20 billion sovereign bond programme to secure funding for Dubai to meet its financial obligations. The first issuance, amounting to US$10 billion, was...
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Non-residents invest in National Bonds
Non-residents invest in National Bonds   According to National Bonds, the Shari'ah-compliant national saving scheme in the UAE, an increasing number of non-residents are turning to the...
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Abu Dhabi banks receive capital injection
The Abu Dhabi government has decided to implement an action plan under which it will inject additional capital into Abu Dhabi Commercial Bank, Abu Dhabi Islamic Bank, First Gulf Bank, National...
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