Sustainability and sharia-compliant finance are a natural fit, writes the managing director of the Global Ethical Finance Initiative.
Middle East
Latest articles from Middle East
UAE plays catch-up with open banking regulations
August 14, 2023As Saudi Arabia begins issuing technical certifications to banks and fintechs, the UAE’s open banking framework remains some way off.
Corporate lending and mortgages continue to sustain Saudi banks
July 5, 2023Al Rajhi Bank’s growth sees it top Saudi Arabia’s performance tables, even as SNB remains the country’s largest lender.
Oil windfall buoys Middle East’s largest lenders
July 5, 2023Lenders in the oil-rich Gulf Co-operation Council enjoyed a stellar year in 2022, with Saudi Arabia's Al Rajhi Bank among the standouts.
Saudi venture capital investment on the rise
June 12, 2023After many years in the shadow of the UAE, Saudi Arabia’s start-up and venture capital ecosystem is growing rapidly.
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/ Qatar
Qatar’s growth set to ease after strong World Cup year
May 31, 2023While the impact of higher gas prices is set to ease in the short term, expansion of the North Field LNG project will underpin economic growth in the coming years.
World
/ Middle East
/ Qatar
Qatar’s banks benefit from abundant liquidity and buoyant domestic economy
May 25, 2023Profits have improved across the sector, even as lending eases following last year’s Fifa World Cup.
World
/ Middle East
/ Qatar
The World Cup’s socioeconomic legacy will continue to shape Qatar’s future
May 19, 2023Sheikh Ali Alwaleed Al-Thani, CEO of the Investment Promotion Agency of Qatar, talks about the country’s diversification strategy and investment priorities.
Saudi banks reap the benefits of oil and housing booms
April 28, 2023Credit growth is set to ease in 2023 as the country’s mortgage market cools, while tighter liquidity increases funding costs, writes John Everington.
Saudi Arabia’s booming capital markets
April 27, 2023Mohammed Bin Abdullah Elkuwaiz, chairman of Saudi Arabia’s Capital Market Authority, on the surge in local listings, and the regulator’s plans for tokenised and virtual assets.