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.

A slump in oil prices and a large budgetary deficit have left Bahrain's economy experiencing sluggish growth. However, a $10bn support package and a drive to reduce public debt give hope for a brighter future.

The Bahraini banking sector sees fintech development and Islamic finance as reliable prospects while oil prices remain low. Kit Gillet reports.

From their enviably stable position, the UAE’s banks are in a strong position to face anything 2019 can throw at them, even the market turbulence caused by impending mergers and rising interest rates. James King reports.

The UAE’s reform timetable is providing the country with some breathing space in addressing problems with a declining real estate market and stagnant job creation rates. James King reports.