Latest articles from Middle East

Sharia raises its profile

April 7, 2008

Islamic sharia law is emerging as an alternative means of dispute resolution for business and commerce in the secular world, writes Mufti Barkatulla.

The nature of innovation

April 7, 2008

As the Islamic finance sector becomes more competitive, innovation will be a key differentiator for attracting customers, writes Joe DiVanna.

UK on the verge of sukuk issuance

April 7, 2008

The UK budget for 2008 announced measures to promote competitiveness with the increasingly attractive Islamic finance sector, paving the way towards sukuk issuance, writes Stephen Timewell.

Growth levels off

April 7, 2008

Saudi banks performed less well last year than in 2006 and bankers are adjusting to the lower, more sustainable growth levels, but they have every reason to remain bullish, writes Stephen Timewell.

Challenges lined up

April 7, 2008

Sheikh Hamad Al-Sayari, governor of the Saudi Arabia Monetary Agency, talks to Stephen Timewell about banking challenges, rising inflation, and planned currency union with the GCC states.

Non-stop wealth

April 7, 2008

A boom in non-oil wealth looks set to accompany the continuing oil boom as huge projects get under way and economic reform continues, writes Stephen Timewell.

Exotix boldly tackles the Yemeni frontiers

March 4, 2008

So-called ‘frontier markets’ hold no fears for some investors. Edward Russell-Walling reports on how broker-cum-investment bank Exotix went digging for profits in the zinc mines of Yemen.

Virtual concept to critical mass

March 4, 2008

Islamic finance is growing fast in the Gulf region as banks look for new growth opportunities, but it is also making inroads into non-Muslim markets, writes Stephen Timewell.

Oil wealth reshapes sector dynamics

February 4, 2008

With $100-a-barrel oil creating abundant wealth in the Gulf, the spending power of governments, state-owned entities and private companies is changing the dynamic of the investment world, writes Nadine Marroushi.

Leumi on top despite privatisation struggle

January 2, 2008

Leumi Bank now leads Israel’s booming banking sector, despite the government’s protracted struggle to sell its controlling stake. David Lipkin reports from Tel Aviv.