Latest articles from Kit Gillet

Bahrain teaser

Will Fiscal Balance Program bring budgetary harmony back to Bahrain?

March 1, 2019

A slump in oil prices and a large budgetary deficit have left Bahrain's economy experiencing sluggish growth. However, a $10bn support package and a drive to reduce public debt give hope for a brighter future.

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Bahrain’s banks see a future in fintech

March 1, 2019

The Bahraini banking sector sees fintech development and Islamic finance as reliable prospects while oil prices remain low. Kit Gillet reports.

Standard Bank teaser

AI in Africa: a different kind of intelligence

February 1, 2019

AI has still to make its presence felt in Africa's banking sector, but brings with it opportunities to bank the unbanked and engage with the continent's youthful population. However, as Kit Gillet reports, Africa's unique needs mean achieving these goals is not straightforward.

Deutsche Bank teaser

Stable, solid, but are Germany's banks prepared for coming challenges?

January 2, 2019

Low interest rates and lacklustre profitability could spark consolidation in the German banking sector. Despite these challenges, the system remains well capitalised with low NPLs and the prospect of benefiting from Brexit, as Kit Gillet reports.

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Greek banks eye a return to normality

November 1, 2018

Greece's banks are likely to remain cautious, even as their lending regime normalises. 

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Palestine presses on with banking sector development

September 3, 2018

Palestine’s banks have to contend with challenges that include political tensions, an underbanked population and no national currency.

Sheikh Abdullah Saoud Al-Thani teaser

Qatar’s central bank governor hails resilient economy

August 1, 2018

Abdulla Bin Saoud Al-Thani, governor of the Qatar Central Bank, talks to Kit Gillet about enduring the economic blockade and the country’s growing Islamic finance industry.

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In splendid isolation: how Qatar's banks are thriving amid a blockade

June 1, 2018

Blockaded by several influential Arab countries since June 2017, Qatari banks have had to cope with ratings downgrades and an outflow of deposits. However, as Kit Gillet reports, they are still posting impressive profits and seem unfazed by such geopolitical unrest.

Qatar teaser

Qatar finds the silver lining to the trade blockade

June 1, 2018

A year since four of its neighbours severed economic ties with Qatar, the country has unexpectedly found that the new economic circumstances have resulted in an accelerated programme of reforms. Kit Gillet reports.

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UAE seeks Middle East arbitration hub status

May 1, 2018

The United Arab Emirates is hoping to build on its growing reputation as a business hub with a law designed to boost its credentials as a regional centre for arbitration, an increasingly popular method of dispute resolution. Kit Gillet reports.

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