Latest articles from Middle East

QNB bank branch

Qatar’s banks benefit from abundant liquidity and buoyant domestic economy

May 25, 2023

Profits have improved across the sector, even as lending eases following last year’s Fifa World Cup.

Sheikh Ali Alwaleed Al Thani

The World Cup’s socioeconomic legacy will continue to shape Qatar’s future

May 19, 2023

Sheikh Ali Alwaleed Al-Thani, CEO of the Investment Promotion Agency of Qatar, talks about the country’s diversification strategy and investment priorities.

The SNB logo atop an office building

Saudi banks reap the benefits of oil and housing booms

April 28, 2023

Credit growth is set to ease in 2023 as the country’s mortgage market cools, while tighter liquidity increases funding costs, writes John Everington.

Mohammed Bin Abdullah Elkuwaiz

Saudi Arabia’s booming capital markets

April 27, 2023

Mohammed 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.

aramco pipeline

Oil boost complements Saudi Arabia’s economic reform agenda

April 24, 2023

Halfway through the country's Vision 2030 programme, Saudi Arabia has made significant progress in its economic reform programme. Yet efforts to further boost the private sector and attract foreign investment face stiff challenges.

Basel A. Al-Haroon, governor of the Central Bank of Kuwait

Kuwait’s central bank crafts sustainable development strategy

April 3, 2023

The governor of the Central Bank of Kuwait talks about the impact of slowing economic growth on the local banking sector, CBDCs and other digital initiatives, and the country’s nascent green finance initiatives.

A busy souk in Kuwait City.

Kuwait’s economy gains temporary breathing space

March 31, 2023

While a spike in oil revenues is predicted to return government finances to a surplus for the first time since 2014, vital economic reforms appear as far off as ever.

Salah Al-Fulaij, NBK’s chief executive officer for Kuwait.

National Bank of Kuwait remains confident despite weakening oil backdrop

March 29, 2023

NBK’s chief executive officer for Kuwait talks about the challenges facing the country’s banking sector, the lender’s international expansion, and digital banking brand Weyay.

A man withdraws cash from an ATM at a Kuwait Finance House branch.

Kuwaiti banks reap the rewards of economic boom year

March 27, 2023

KFH’s long-trailed acquisition of Bahrain’s AUB has further concentrated banking in the hands of the country’s two largest institutions.

dubai and tech

Dubai’s new virtual asset regulations set a high standard

March 10, 2023

After a year of chaos in the crypto sphere, the Virtual Asset Regulatory Authority’s framework represents a shift in the regulatory approach to virtual assets.