A year of Eastern promise

After an exceptional 2005 for the Middle Eastern financial markets, it seems all eyes are now firmly focused on this growing and seemingly prosperous market. But are there opportunities for advisers with expatriate clients, or is it a growing market for local adviser firms? Last month alone, Lloyds TSB International Private Banking announced strategic growth plans which would see its offering grow by 50% over the next three years following the opening of a new state-of-the-art base in Dubai. It also indicated it would launch a Shariah-compliant investment product in the Gulf Region target...