MENA Asset Management Survey 2012 - National Bank of Abu Dhabi
29.10.2014 • Views
Share Embed Flag

MENA Asset Management Survey 2012 - National Bank of Abu Dhabi

MENA Asset Management Survey 2012 - National Bank of Abu Dhabi

MENA Asset Management Survey 2012 - National Bank of Abu Dhabi

SHOW MORE
SHOW LESS
ePAPER READ
DOWNLOAD ePAPER
nbad.com

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

START NOW

United Arab Emirates / Egypt<br />

Exchange Traded Funds<br />

Questions United Arab Emirates Egypt<br />

Service Providers & Fund<br />

Statistics<br />

Number <strong>of</strong> international<br />

administrators<br />

Number <strong>of</strong> fund managers<br />

(operators)<br />

Number <strong>of</strong> firms marketing funds<br />

Number <strong>of</strong> funds being marketed 7 local funds and 206 foreign funds (funds that<br />

have received SCA approval thus far)<br />

Stock Exchange<br />

Stock exchange Emirates Securities Market<br />

<strong>Abu</strong> <strong>Dhabi</strong> Securities Exchange<br />

Dubai Financial Market<br />

Dubai Gold & Commodities Exchange<br />

20<br />

85<br />

The Egyptian Exchange (EGX)<br />

comprises two exchanges, Cairo and<br />

Alexandria, both governed by the same<br />

board <strong>of</strong> directors and sharing the same<br />

trading, clearing and settlement systems<br />

Number <strong>of</strong> funds listed 3<br />

Taxation<br />

Taxes at fund level Not Applicable Exempted from Taxes, however there is<br />

a reference in the new draft tax that<br />

there might be taxes applied on funds<br />

that invest in private equity<br />

Corporate tax rate Not Applicable 20%<br />

Stamp duty Not Applicable No stamp duty on subscription and<br />

VAT Not Applicable Not applicable<br />

Regulation<br />

redemption. However, there will be<br />

stamp duty should the fund invest in a<br />

listed company in EGX<br />

143

logo

products

Resources

Company

Terms of service
Privacy policy
Cookie policy
Cookie settings
Imprint
Change language
Made with love in Switzerland
© 2024 Yumpu.com all rights reserved

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!