The chief executive of Ahli United Bank in Bahrain outlines the woes of the banking sector and explains why his bank has fared better than most. Writer Michael Imeson

The Gulf Co-operation Council countries have suffered as a result of the global economic downturn. Bank profits are down and there have even been some bank failures. But there is also plenty to be upbeat about, with some regions bucking the downward trend. Writer Michael Imeson

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

Stephen Timewell looks at the latest performance of Bahrain’s banks and finds them relatively unscathed by the US crisis.

Bahrain faces a difficult task to keep ahead of its rivals as the leading financial centre of the Middle East, but the right moves could pay off. Stephen Timewell reports from Bahrain.

Bahrain’s regional dominance of financial services is being challenged by neighbours setting up their own shops. Stephen Timewell, in Manama, assesses the kingdom’s prospects.

Ahli United Bank has established a substantial network, which is still growing. Stephen Timewell reports.

Bahrain believes its continued dominance as a financial centre lies in it complementing GCC rivals, while taking a lead in Islamic banking. Eleanor Gillespie writes.

With the introduction of project finance instruments to complement more familiar short-term trade finance and consumer lending, Islamic banking has found a sound but innovative home in Bahrain. Jon Marks and Ian Lewis report.

Competition to draw international banks into the Gulf region is stronger than ever but Bahrain is confident that it can retain its leading edge, write Jon Marks and Ian Lewis.