Global Finance Magazine

Global news and insight for corporate financial professionals

Global news and insight for corporate financial professionals

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Banking

Regional Report: GCC

GUNS AND BUTTER The GCC (Gulf Cooperation Council) countries, led by Saudi Arabia, will spend $120 billion over the next few years to buy advanced fighter planes and anti-missile defense systems. They are spending even larger sums to placate ...

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Islamic Bank Awards 2011: By Country

Country Awards Algeria Al Salam Bank-Algeria Al Salam Bank-Algeria was established in October 2008 with capital of $100 million. New rules on Islamic banking in Algeria became effective in January 2011 and are expected to promote the growth of the ...

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Islamic Bank Awards 2011: By Region

Regional Awards Gulf Cooperation Council (GCC) Kuwait Finance House Kuwait Finance House was the first Islamic bank established in Kuwait. It is now a market leader in the GCC and beyond, offering a wide range of shariah-compliant products. KFH has ...

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Islamic Bank Awards 2011: Overall Awards

Overall Awards Best Sukuk Bank CIMB Islamic Malaysia-based CIMB Islamic has been the top sukuk underwriter for each of the past four years. In 2010 it boosted its leading global market share to 23%, largely on the strength of Malaysian ...

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World’s Best Banks: Middle East Country Winners

Middle East Change Creates New Opportunities Banks in the Middle East are pulling in their horns in light of the widespread political upheaval in the region. Markets have been unsettled by the political developments, but the economic fundamentals remain ...

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World’s Best Banks: Africa Country Winners

Africa Fast-Growing Continent Offers Huge Potential And Significant Risks Africa is rich in natural resources, including oil and gas and minerals, which are in growing demand as the global economy expands. The continent seems likely to outperform the developed ...

Banking

Middle East: A Region In Transition

THE MIDDLE EAST 2011: OUTLOOK By Justin Keay The rising tide of activism surging through the Middle East and North Africa is accelerating a transformation already well under way. When asked what was most likely to blow ...

Banking

Middle East: Bouncing Back

THE MIDDLE EAST 2011: DUBAI'S RESURGENCE By Justin Keay After a tough two years, Dubai has consolidated its position as a regional financial and transport hub and is set for a sharp upturn. Anyone arriving on a ...

Banking

Middle East: Looking To The Future

THE MIDDLE EAST 2011: THE BANKS By Justin Keay The current market conditions may have prompted slowing in their expansion plans, but the Middle East’s banks are still building for the future. Until late 2010, the sentiment ...

Banking

Middle East: Taking A Leading Role

THE MIDDLE EAST 2011: QATAR By Justin Keay Careful economic management and a strong strategic vision have helped propel Qatar to the front ranks of the world’s fastest-growing economies. Ten years ago, Qatar could have safely laid ...
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