Saudi Arabia's banks are getting prepared for the transition to a less oil-dependent economy. 

As Saudi Arabia moves towards its Vision 2030 goals, the business community remains optimistic that reform is inevitable, if slower than hoped.

Kuwait's central bank governor talks about preserving the attractiveness of the national currency and harnessing the power of technology while mitigating its risks.

As an OPEC member, Kuwait has agreed on oil production caps and accepted the new normal of low oil prices. The Banker assesses what this means for the country’s ambitions.

Kuwait is oil-rich, has an enviable geopolitical location and a well-developed financial sector. James King assesses its ambitions to become a serious regional player in the Middle East.

Kuwait's 2035 Vision is based around the country becoming a regional finance heavyweight. Now its banks are moving apace to make that a reality, with healthy bottom lines and innovative approaches to lending, retail and fintech. James King reports.

Recent moves to improve Kuwait's capital markets have won the country a place on the FTSE Russell emerging markets list and boosted its international profile.

Moves by Kuwait's central bank to sharpen regulation, improve liquidity and encourage greater take-up of fintech have nurtured the development of the country's Islamic finance sector. 

In early 2019, the state of Israel conducted its largest ever international deal. Joint lead manager Barclays utilised its long-standing history in the country to help make the deal a success.

Consolidation is hitting banks operating within the GCC, creating regional 'mega-banks'. However, the appetite for M&A in the rest of the Middle East remains stilted.