Latest articles from Middle East

View from Iran

View from Iran: how the country's economy came to crisis

March 1, 2013

An Iranian economist reports from the country, telling how the targeted US and UN sanctions have delivered a huge blow to the country's economy, an economy that was already overly dependent upon oil revenues and reeling from years of mismanagement.

Islamic finance in 2013

Islamic finance in 2013: beyond the growth

March 1, 2013

Year upon year, the Islamic finance industry posts stellar growth figures. However, as large Western lenders withdraw from the sector, is Islamic finance in as healthy a shape as the figures suggest? The Banker asks a number of experts in the field what the future holds for sharia-compliant banking.

Banks to watch in 2013, Bank Nizwa

February 1, 2013

The Banker has identified 13 banks to keep an eye on in the coming year based on a variety of factors. Established in 2013, following a directive authorising Islamic institutions in Oman, Bank Nizwa is the country's first standalone Islamic bank and one to watch in 2013.

Banks to watch in 2013, EFG Hermes

February 1, 2013

The Banker has identified 13 banks to keep an eye on in the coming year based on a variety of factors. Following its 2012 merger with Qatari investment bank QInvest, Egypt-based EFG Hermes will be a bank to watch in 2013.

Social banking in the omnichannel era

Social banking in the omnichannel era

February 1, 2013

Banks are no longer just competing with each other, they are also at war with a growing number of retailers and innovative start-ups that employ social media tactics to offer sought-after services. The Banker brought together a panel of banking experts to discuss the issues. This round table was sponsored by Cisco, but independently written and edited.

Oman hopes to open Islamic finance floodgates

Oman hopes to open Islamic finance floodgates

January 28, 2013

Oman's late introduction to Islamic finance will work in the favour of the country's bank, as they can learn from the examples of others, says HE Hamood Sangour Al-Zadjali, governor of the country's central bank.

Al-Masri Sabih

Arab Bank's new chairman looks to maintain leading role

January 2, 2013

Sabih Al-Masri, the new chairman of Arab Bank, talks about his plans for the lender, the benefits of cross-border activity and his vision to help the Arab world grow.

TEASER-Sahar Nasr

Putting Mena's private sector in the driver’s seat

January 2, 2013

In light of the growing demographic bulge in the Middle East and north Africa, regional governments must focus on generating new employment opportunities. At the top of their agenda should be growing the role of the private sector and prioritising the development of small and medium-sized enterprises, both of which can be achieved by much-needed regulatory reforms and a rethinking of the economic landscape.

Kuwait CBG's six steps to regulatory best practice

December 13, 2012

Kuwait's central bank governor says that maintaining an effective regulatory framework is a difficult and time-consuming task that requires constant attention and frequent fine-tuning. As the global economic crisis has shown, however, there is little alternative.

Jordan: a brighter future or more of the same

Jordan: a brighter future or more of the same?

December 12, 2012

Ongoing regional instability has taken its toll on Jordan’s banks, which are feeling the impact of a sharp slowdown in the real estate and construction sectors. But with the central bank receiving praise for its response to the crisis, what are the country’s prospects for recovery?

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