Deutsche Bank and Saudi Arabia’s Al Azizia Commercial Investment Company (ACIC) signed a joint proposal, in mid-April, for the establishment of an investment banking joint venture.
Middle East
Latest articles from Middle East
Cautious investors
May 2, 2005The country has partially opened up share trading to foreigners but the response has not been overwhelming. Will McSheehy reports from Doha.
Open season
May 2, 2005Changes to the law will soon allow conventional institutions to offer Islamic banking services, a move that the market is keenly anticipating. By Will McSheehy.
Enjoying its power
May 2, 2005Qatar’s rich supply of natural gas and its investment-friendly policies attract plenty of competition from foreign and domestic players when it comes to project finance, as Will McSheehy reports from Doha.
Qatari model leads the pack
May 2, 2005Qatar is deemed to be the most competitive Arab economy and a model for the region. The government is diversifying its income sources and the banks are vying for market share. By Will McSheehy in Doha.
Islamic banking arrives in the UK
May 2, 2005The authorisation of the first fully Shariah-compliant bank in the West has created considerable interest. Michael Ainley looks at the FSA’s approach and what lies ahead.
Bahrain’s regional reach
April 4, 2005Stephen Timewell reports on FT Business’s seminar on new opportunities in Bahrain as it develops its Islamic banking sector and regulatory powers.
Saudi banks are on a roll
April 4, 2005Saudi Arabia’s banks are enjoying the spoils of buoyant markets, with record-breaking profits spurring ground-breaking deals. Stephen Timewell reports.
Project finance wells
April 4, 2005This year will be remembered for Saudi Arabia’s embrace of project finance after watching from the sidelines, write Kevin Godier and Jon Marks.
Emergence of a global leader
April 4, 2005Shrewd exploitation of its gas reserves has catapulted Qatar to the forefront of the global project finance industry, write Jon Marks and Eleanor Gillespie.