Marketing and Distributing Your Fund in the Middle East: Recent Developments

June 27, 2013

Since the first Quarterly Report of 2013, there have been several interesting developments relevant to the establishment, marketing and distribution of funds and related services in the Middle East. These include: amendments to the UAE Investment Funds Regulations allowing for limited exemptions from the registration and local promoter requirements when promoting foreign fund products in the UAE; the announcement of a new financial free zone in Abu Dhabi; and the publication by the Saudi Capital Markets Authority of a new draft of the Saudi Investment Fund Regulations, for comment by industry participants.

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