The Lebanese economy has survived yet another political crisis, write Jon Marks and James Gavin.
Middle East
Latest articles from Middle East
Central bank takes steps to control inflation
July 4, 2005The Saudi Arabian Monetary Authority is trying to curb the surge in money supply in the economy but will prices be kept under control? Dr Nahed Taher reports.
Banks spread their wings
June 6, 2005As the Gulf opens up and Islamic banking increases in popularity, Kuwait’s major banks are looking at opportunities beyond the country’s borders.
A transformed terrain for banks
June 6, 2005
The landscape of Kuwait’s banking sector is shifting, providing its participants with new opportunities. Stephen Timewell reports from Kuwait City on the banks’ strategies for growth and profit.
The highly profitable and comfortable world of Kuwaiti banking is now entering a period of radical transition as both market and regulatory forces begin to significantly reshape the industry.
The massive hike in oil revenues, the licensing of not only international and regional banks but also new Islamic banks, as well as Iraq’s huge potential, provide the banking sector with huge opportunities – along with stiff competitive challenges – in a new and very different operating environment.
View from the top
June 6, 2005Sheikh Salem Abdul Aziz Al-Sabah, governor of the Central Bank of Kuwait, talks with Stephen Timewell.
Profitable prospects
June 6, 2005Opportunities abound in Kuwait as its markets open and its banks and institutions become more outward looking. Stephen Timewell reports from Kuwait.
Gulf giants partner up
May 2, 2005Banks from other Gulf states are sharing in Qatar’s fortunes via the M&A route.Will McSheehy reports.
Time share project uses sukuk financing concept
May 2, 2005Farhan Bokhari reports on an innovative new real estate development in Saudi Arabia, which will run on the time-share principle and is being funded via Islamic financing.
Deutsche and ACIC team up for joint venture in Saudi Arabia
May 2, 2005Deutsche 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.
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.