Latest articles from Middle East

Lebanon flags

Lebanon brushes off external and internal upheaval

May 4, 2011

The collapse of its government earlier this year and subsequent political wrangling, together with less than optimistic trading figures, has left many fearing for the economic future of Lebanon. But the region has a long history of resilience in the face of adversity.

Central Bank of Lebanon

Lebanese banks push on with overseas expansion

May 4, 2011

The conservative approach adopted by Lebanon's largely family-owned banking sector over the past decade has served it well in the post-crisis environment. Now its key players are increasingly eyeing an expansion into the frontier markets of eastern Europe, the Middle East and Africa. 

Riad Salemeh

Lebanon's central bank governor gives country's banks a clean bill of health

May 4, 2011

Riad Salameh, governor of the Banque du Liban, tells The Banker how the country's banks have been unaffected by the turbulence in the Middle East and north Africa, and explains why they have been performing so well of late.

Kuwait goes to the polls

Kuwait: a calm presence in an unsettled region

March 22, 2011

As political and social unrest spreads across many countries in the Middle East and north Africa, Kuwait – the Gulf region's only democracy – is making progress across many fields in a quiet and efficient manner.

Faisal Al Ayyar, vice-chairman, Kipco

The race to fill the Middle East's pensions gap

March 21, 2011

Funding retirement presents a challenge for governments in the Middle East and north Africa because of the vast numbers of people who will reach retirement age in the next 40 years – but it also offers opportunities for financial services providers.

Sheikh Salem Abdul Aziz Al-Sabah, central bank governor, Kuwait

Central Bank of Kuwait's precaution pays off

March 18, 2011

Sheikh Salem Abdul Aziz Al-Sabah, central bank governor of Kuwait, tells The Banker about the next steps in the country's economic development plan and how a regional single currency can become a reality.

Bader Al-Sa'ad, managing director, Kuwait Investment Authority

Kuwait Investment Authority moves to active investment

March 18, 2011

With a reputed $200bn under management, the Kuwait Investment Authority has been moving away from its traditional reliance on blue-chip stocks, but will its new enthusiasm for active investment pay off?

Kuwait's Mina al-Ahmadi refinery

Kuwait's energy sector faces political stalemate

March 17, 2011

Oil companies are looking to Kuwait's government for signs that the country's major energy projects are to get under way, but legislative deadlock is hampering their future.

Kuwait's National Assembly

Kuwait development plan points to bright future

March 15, 2011

The unrest across the Arab world and the subsequent rise in oil prices have impacted upon Kuwait, but the tiny Gulf country seems well insulated from such issues, thanks in part to its government-approved $100bn development plan.

Mohammad Al-Jasser, central bank governor, Saudi Arabia

Saudi Arabian central bank seeks to meet sukuk challenge

March 15, 2011

Mohammad Al-Jasser, governor of Saudi Arabia’s central bank, discusses the huge potential of sukuk issuance in an interview with Stephen Timewell in Riyadh.