Investec establishes Oman branch to distribute to UAE

Investec Trust is to set up an office in Oman in September this year subj ect to regulatory approval...

Investec Trust is to set up an office in Oman in September this year subj ect to regulatory approval and will distribute its products to countries in the United Arab Emirates. The launch will be spearheaded by Christopher Rebindaine, head of business development at Investec Trust. Rebindaine said: "We decided to base ourselves in Oman for our initial launch into the Middle East because of its regulatory framework and the fact it has recently joined the World Trade Organisation. "In particular, Oman was chosen because it has probate law that determines how a deceased's estate will be d...