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Angola's sovereign wealth fund expands its horizons

Alternative assets are the name of the game for Angola's sovereign wealth fund, as it steps in where local banks fear to tread.

Can Angola weather the oil price storm

Can Angola weather the oil price storm?

Angola’s steady story of economic growth has been badly disrupted by the global collapse in oil prices. Can the 'ultimate petrostate' weather the storm?

Angola is struggling to realise its tourism potential

Holidays on hold: why Angola is struggling to realise its tourism potential

Angola has big potential as a visitor destination, and as a sector, tourism could be a driver of non-oil growth and jobs. But high costs and red tape are deterring overseas visitors and the country needs to work harder to deliver on its ambitions.

The spark amid a slump

The spark amid a slump: Will Angola's banks emerge from oil price dip stronger?

The Angolan banking sector has been hit hard by the oil price slump, adding to concerns about systemic loan book weakness. However, a tough new asset quality review should improve matters, as should the expansion of the country's capital markets.

Angolan economy stalls as dependence on oil continues

Angolan economy stalls as dependence on oil continues

Angola's failure to diversify away from oil has led to faltering growth in what has been in recent years one of Africa's best-performing economies. Though the government is managing the crisis better than in previous years, the currency remains unstable and access to foreign currency is in short supply. 

Gulf country enters a new phase of economic growth

Kuwait ignited: Gulf country enters a new phase of economic growth

Hit hard by the global financial crisis and a stagnant domestic political scene, Kuwait is now emerging as a stable, pro-business destination with a buoyant private sector and an economy moving away from its reliance on oil, as James King discovers.

Mohammad Al-Hashel

Kuwait CBG takes a positive outlook

The governor of the Central Bank of Kuwait, Mohammad Al-Hashel, has every reason to look to the future with optimism, given that the country's banking sector is coping well with low oil prices, welcoming foreign entrants, bringing down its NPL ratio and helping diversify the country's economy. 

Kuwait digs deep to raise energy stake

Kuwait digs deep to raise energy stake

Oil prices may have dropped, but Kuwait is investing heavily in the hydrocarbons sector this year in a bid to meet an ambitious production target. James King reports.

Kuwait stays among the leading Islamic finance pack

Kuwait stays among the leading Islamic finance pack

Despite its small size, Kuwait has long been a key player within the global Islamic finance industry, and with its sharia-compliant institutions posting strong figures in 2014, this position only looks likely to strengthen.

Kuwait from crisis to confidence

From crisis to confidence: the re-emergence of Kuwait's banks

Kuwait’s banks are slowly recovering from the global financial crisis and bankers are optimistic for 2015. However, issues remain, including high exposure to the real estate market, outstanding debt settlements and a funding shortfall for the country’s SMEs. 

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