Latest articles from Kit Gillet

Raja-Al-Mazrouei teaser

Fintech and Islamic finance: a mutually beneficial match?

December 1, 2017

As sharia-compliant finance grows and institutions embrace mobile and internet banking, observers believe the opportunities offered by Islamic fintech will become irresistible to the sector – despite its lack of global standards. Kit Gillet reports.

Sterling Bank teaser

Nigeria edges closer to Islamic banking goal

December 1, 2017

Now that important issuance and regulation milestones have been passed, Nigeria is well placed to succeed in its aim to become Africa’s Islamic banking hub. Kit Gillet reports.

Joseph Abraham teaser

Commercial Bank of Qatar weathers GCC spat and oil price storms

November 1, 2017

Joseph Abraham joined Qatar’s Commercial Bank as group CEO in 2016, after eight years as CEO of ANZ Indonesia, arriving at a time of low oil prices and regional tension. He tells Kit Gillet about efforts to refocus the bank, as well as finding opportunities in adversity.

QNB teaser

Home or away? Qatari banks look to build on their success

June 1, 2017

Low oil prices have dented Qatar's economic success story of late but its banks are thriving. Some are looking to domestic consolidation for the next phase of  growth, others to foreign acquisitions, while a deal that will create the region’s biggest Islamic bank is in the pipeline. Kit Gillet reports. 

Qatar flag teaser

Qatar pursues its non-oil goal

June 1, 2017

Qatar’s economy is already feeling the benefits from being crowned host of the 2022 FIFA World Cup. Can the country’s non-hydrocarbon growth assist in maintaining the upward trajectory? Kit Gillet reports.

Sheikh Abdulla Bin Saoud Al-Thani teaser

Central bank governor steers Qatar through narrower straits

June 1, 2017

Qatar Central Bank governor Sheikh Abdulla Bin Saoud Al-Thani believes good management has afforded the country's banking sector some protection in a challenging economic environment. Kit Gillet reports.

Congo border teaser

Tripartite Free Trade Area plods along slowly in Africa

June 1, 2017

Africa’s Tripartite Free Trade Area would reduce regional tariffs and create a pan-African single market, to aid development and cash in on a growing middle class in the continent. But with member countries often belonging to multiple economic areas, progress is both complex and slow, as Kit Gillet reports.

Kuwait oil teaser

Kuwait’s oil and gas faces an uncertain future

April 3, 2017

A global deal to cut oil production and rebalance the market is good news for Kuwait – but it expires after six months. Can the country’s oil business expand its way to stability? Kit Gillet reports.

National Commercial Bank teaser

Top 100 Arab Banks: has the oil price slump hurt profits?

October 1, 2016

The drop in oil prices and regional unrest have seen Arab banks struggle to maintain their stellar profit results of previous years, but overall their performances remain impressive by global standards.

Abu Dhabi consolidation teaser

Is the Gulf banking sector set for a wave of consolidation?

September 1, 2016

The merger between National Bank of Abu Dhabi and FGB could well trigger a series of consolidatory moves across the Gulf's banking sector. But will this lead to the emergence of a handful of regional powerhouses? Kit Gillet assesses the situation.

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