Kuwaiti banks are in ebullient mood, reporting both decent profits and healthy capital adequacy levels. But while government spending promises further growth opportunities, competition for customers is heating up in a crowded market, as James King reports.
With one of the oldest Islamic banking sectors in the world, Kuwait continues to show impressive growth and adaptability in the industry. Now authorities in the country are looking to become big hitters on a regional and global level. Kit Gillet and James King report.
At $1000bn, China’s Belt and Road Initiative is arguably the largest overseas investment drive ever launched by a single country. How are BRI projects across Asia and Europe progressing after a big spurt in activity following the maiden announcement of 2013? By Stefania Palma.