Salah Y Al-Fulaij, Kuwait CEO of NBK, on the state of Kuwait’s banking sector and the key drivers for post-pandemic growth.
Middle East
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Trying times for Kuwait’s economy
April 1, 2021Historic enmity between Kuwait’s government and national assembly offer little confidence that the country will pass the economic reforms it desperately needs.
World
/ Middle East
/ Kuwait
Kuwait’s banks bruised but unbowed
April 1, 2021Banks in Kuwait may have taken a knock from Covid-19 and its related effects, but optimism remains.
World
/ Middle East
/ Kuwait
Could universal basic income rewrite Kuwait's future?
March 17, 2021Kuwait relies on public sector wages and energy subsidies. If the country is to revive its withered private sector, radical changes are needed.
World
/ Middle East
/ Kuwait
Oiling the wheels of Kuwait’s recovery
March 16, 2021Covid-19 has had a dramatic impact on the markets over the past year, especially as far as oil is concerned.
World
/ Middle East
/ Lebanon
Lebanon’s economic woes leave banks in limbo
March 8, 2021Record low for the country’s currency in early March sparked angry protests, and there is little sign of improvement on the horizon.
Fintechs drawn to underdeveloped Middle East and Africa markets
March 1, 2021Western Union is one of a number of major companies to seize digital opportunities in the underbanked Middle East and Africa regions.
World
/ Middle East
/ Bahrain
Bahrain freezes bank repayments as GDP shrinks
March 1, 2021Government acts as lower oil prices and the pandemic result in a rating downgrade.
Saudi mega-merger symbolises Gulf M&A trend
March 1, 2021Tie-up between NCB and Samba Financial heralds a second wave of bank consolidation in the region.
Behind the push to make banking more inclusive in MENA
February 4, 2021The Middle East and north Africa has some of the lowest access to financial services in the world, but work is underway to change this.