Latest articles from Middle East

Sheikh Salem Abdulaziz Al-Sabah

June 4, 2009

The governor of the Central Bank of Kuwait discusses the impact political instability is having on the country and the effect he hopes the new Financial Stability Law will have. Writer Stephen Timewell

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Political wrangling hampers Kuwait

June 4, 2009

Tension between Kuwait's ruling government and elected parliament are hampering policy formation and intensifying uncertainty as the economy gets back on its feet. Will the new parliament elected last month change the situation? Writer Stephen Timewell

Cautious optimism

June 4, 2009

Leading Qatari banks have recorded strong results over the past two quarters and figureheads within the sector are quietly confident that profitability will be maintained, or indeed increased, in the year ahead. Writer Stephen Timewell

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Qatar's plan comes together

June 4, 2009

One of the few economies to prosper in the past two years, Qatar's route to success - on the back of liquefied natural gas exports - started with an expensive, long-term investment in the mid-1990s that is now coming to fruition. Writer Stephen Timewell

Cushioned from the crisis

May 5, 2009

Conservatism and pro-active regulation has protected Saudi Arabian banks from toxic assets and they are now in a position to fund many of the infrastructure projects which may help keep the Kingdom afloat during the slowdown. Writer Stephen Timewell

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A cautionary tale

May 5, 2009

Saudi Arabia's conservative economic and political strategy has protected the country from the brunt of the credit crisis, and as King Abdullah ushers in a period of reform, increased government spending is set to diversify its economy. Writer Stephen Timewell

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Bright vision in a gloomy climate

May 5, 2009

Abu Dhabi's second Islamic bank was launched almost a year ago, just before the global financial crisis hit the Middle East. Despite this Al Hilal Bank continues to expand. Writer Mike Imeson

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Can Islamic finance plug the funding gap?

May 5, 2009

The global financial crisis has limited the finances available for major projects in the Middle East. But this could be an opportunity for Islamic financiers to come up with sharia-compliant finance to make up for the shortfall of Western funds. Writer James Gavin

Tighter times for Bahrain

April 7, 2009

The global economic downturn is catching up with Bahrain's banks. However, the country still has some cause for optimism, particularly in its Islamic banking sector. Writer Michael Imeson

Mohammed Al-Hussein

April 7, 2009

Syria's financial services sector reforms of 2004 have had a beneficial effect on the economy, as the country's finance minister explains. Writer Jules Stewart