Latest articles from Middle East

New Riches- How China and the GCC will spend their megabucks

October 3, 2005

Bankers are already on the case of how China’s and the Gulf States’ huge reserves of foreign exchange can be put to best use.Stephen Timewell reports.

Winning hearts and minds?

September 5, 2005

When the creation of the DIFX was first mooted, sceptics questioned the need for it – and if it would ever make it off the drawing board. Elizabeth Jackson-Moore explains why her doubts have been replaced with hopes.

Footprint grows

September 5, 2005

Audacious plan comes to fruition

September 5, 2005

The Dubai International Financial Exchange, part of an ambitious plan for a rival to the great financial centres of the world, must now prove its market model will work in practice.Mark Fisher reports.

Leading light

September 5, 2005

The Dubai International Financial Exchange plans to become the foremost exchange in the Gulf, based on globally recognised standards.Will McSheehy reports.

Ahli United acquires BKME

September 5, 2005

Bahrain-based Ahli United Bank (AUB) has strengthened its role as a major player in the Gulf by acquiring a majority stake in the Bank of Kuwait & the Middle East (BKME), the seventh largest bank in Kuwait.

Banks upbeat on Iran’s surprise election result

August 1, 2005

Initial reticence about the election of Iran’s new hard-line president, Mahmoud Ahmadi-Nejad, has turned to optimism in the financial sector. Gareth Smyth and Najmeh Bozorgmehr report from Tehran.

Emirates stand tall

August 1, 2005

The death of the UAE’s president may have been a blow to its citizens but a smooth transition of power reflects the stability that has made the region a top investment destination. Will McSheehy reports.

Capital markets make an impact

August 1, 2005

Besides record oil revenues, Saudi Arabia has made significant developments in its capital markets, especially in its equity markets. By Timothy S Gray.

Qatar on the rise

August 1, 2005

Qatar is raising its profile in the Gulf with another hydrocarbon-fuelled growth spurt. By Will McSheehy.

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