Latest articles from Middle East

Relaunching Bahrain

Bahrain’s banking sector rises to domestic challenges

May 1, 2014

Bahrain's central bank has steered the country's banking sector through a period of economic and political turbulence. With strong fundamentals and ample growth prospects, particularly in the Islamic finance segment, the country's lenders are now in a good position, but their future growth still hinges on the country maintaining social stability. 

New optimism for Lebanons banking sector

New optimism for Lebanon's banking sector

May 1, 2014

Lebanon is facing a new dawn, with its first functioning government in months promising an end to the political volatility that has mired its economy in recent years. Yet despite this instability, the country’s banks have been steadily growing and increasingly looking to other markets to expand. 

Riad Salameh anticipates economic rebound

Lebanon's central bank governor anticipates economic rebound

May 1, 2014

Lebanon has endured a difficult few years of domestic and regional uncertainty, which have weighed heavily on its economy. But now the governor of the central bank Riad Salameh, is preparing for the prospect of renewed growth. 

Putting Iraq back on the banking map

Putting Iraq back on the banking map

April 1, 2014

After years of neglect, the Iraqi banking sector offers promise once again. Mobile banking, trade finance and infrastructure financing opportunities are proving attractive to existing lenders and the wave of new entrants looking to break into the market. But, before the tide can finally turn, there are regulatory issues that need addressing.

The end of an era at National Bank of Kuwait

The end of an era at National Bank of Kuwait

April 1, 2014

In a career that has spanned more than 50 years, Ibrahim Dabdoub has transformed the National Bank of Kuwait from a small local player into a global force. Now that he has chosen to step down from his position as chief executive, The Banker reflects on the legacy that he will leave behind.

Kuwait progresses towards Islamic banking vision

Kuwait progresses towards Islamic banking vision

April 1, 2014

Islamic banking already has a strong presence in Kuwait. With a number of innovative lenders competing in the sector, and support and regulatory oversight from the country's central bank, it looks as though the industry can only become a more prominent fixture on the country's financial landscape.

Will Kuwait dig deep to realise energy potential

Will Kuwait dig deep to realise energy potential?

April 1, 2014

Kuwait may lay claim to more than 5% of the world's total oil reserves, but without the expertise and equipment needed to tap into the bulk of this, and with strict rules prohibiting foreign help, the country is struggling to realise its energy potential.

Competition hotting up in resurgent Kuwaiti banking sector

Competition hotting up in resurgent Kuwaiti banking sector

April 1, 2014

With performance starting to pick up again in the Kuwaiti banking sector, and strong growth potential both in the domestic market and in neighbouring Iraq, the small country is finding itself the focus of a growing number of lenders, with competition among them growing fierce.

Kuwait looks to build on firm foundations

Kuwait looks to build on firm foundations

April 1, 2014

Steadily rising oil prices, a stable economy and the implementation of the National Development Plan are causing ripples of optimism in Kuwait, as the country looks to build on the slow progress it has been making in recent years.

Kuwait's upgraded exchange gears up for more business

April 1, 2014

With a greatly increased technological capacity and a new external regulator increasing transparency, hopes are high that there will soon be a healthy pipeline of deals for the Kuwait Stock Exchange.

By continuing to use this site you consent to the use of cookies on your device as described in our cookie policy unless you have disabled them. You can change your cookie settings at any time but parts of our site will not function correctly without them.