Latest articles from Middle East

Saudi’s new laws set to send

March 3, 2004

Imminent changes in capital markets and insurance legislation will give the kingdom’s banks the chance to expand their capabilities.

Springboard for growth

March 3, 2004

Hopes are high that laws passed, but not yet implemented, will reshape the financial sector and open up business opportunities for banks in the kingdom. By Stephen Timewell in Riyadh.

Laying macro foundations

March 3, 2004

Saudi Arabia had a bumper year in 2003 and the economic outlook remains good. Jon Marks considers where opportunity lies for both the government and investors.

A clearer path for investors

March 3, 2004

Dr Nahed Taher discusses the necessity of corporate governance and potential impact of the new Saudi Capital Market Law.

Open for business

March 3, 2004

The dismantling of barriers to investment could result in foreign banks playing a bigger role in the economy, writes James Gavin.

Stock market flying high

March 3, 2004

Foreign investors are excluded, but Saudis have made fortunes on the fast-rising Saudi Stock Market in the past year, writes Mark Wallace.

New heights for Saudi’s banks

March 3, 2004

Rocketing profit levels in 2003 have given the kingdom’s banks a healthy start to the year. Expectations are high for the growth of financial services.

Market road to project finance

March 3, 2004

The Gulf region has become a focus of attention for global project financiers. Saudi Arabia has come late to this, but could yet prove the biggest draw of all, writes Kevin Godier.

Consumers run for cover

March 3, 2004

Root and branch reform of the Saudi insurance sector beckons rich pickings for underwriters and banks, writes James Gavin.

Doha courts expats with step into CRM

February 3, 2004

With more than three-quarters of Qatar’s population come from overseas, Doha Bank is focusing on expatriate customers, says Parveen Bansal.
With energy needs expanding worldwide and oil prices remaining high, the Qatari economy is booming. Under the prudent leadership of His Highness Sheikh Hamad Ben Khalifa Al Thani, the state’s development strategy is focusing on diversification of the economy away from oil, toward extensive gas reserves and industrial expansion. Oil and natural gas revenues enable Qatar to have a per capita income not far below the leading industrial countries in western Europe.

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