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Banking

Emerging Markets Roundup: Middle East

DUBAI SEEKS ROLE AS CAPITAL OF ISLAMIC ECONOMY By Gordon Platt Dubai plans to become the capital of the Islamic economy by setting global standards. In addition to promoting Islamic finance and insurance, the emirate wants to arbitrate ...

Banking

Middle East Investment Banking

SIGNS OF RESILIENCE By Gordon Platt In spite of poor global economic and investment conditions, Middle Eastern investment banking looks set for another solid year in 2013. The outlook for investment banking in the volatile Middle East ...

Award Winners

Best FX Providers: Regional Winners

By Gordon Platt BEST FOREIGN EXCHANGE PROVIDERS: REGIONAL WINNER NORTH AMERICA Citi Citi’s foreign exchange operations, CitiFX, had a very good year in 2012, which marked the bank’s 200th anniversary. Its FX volume continued to expand rapidly, and it gained ...

Country Report

Country Report: Kuwait

SURMOUNTING THE STATUS QUO By Justin Keay Despite its wealth and strong banking sector, Kuwait is being held back by its failure to invest internally and diversify away from oil. The demonstrations that preceded—and followed—Kuwait’s parliamentary elections ...

Banking

Emerging Markets Roundup: Middle East

NEW SAUDI MORTGAGE LAW COULD SPUR HOUSING BOOM   By Gordon Platt   The Saudi Arabian Monetary Agency, the kingdom’s central bank, issued new regulations governing the enforcement of foreclosures as part of a new mortgage law that has been ...

Award Winners

EM Safest Banks: Safest Banks By Region

HOW WE MEASURE THE SAFETY OF BANKS By Andrew Cunningham   The safest banks chart compares the ratings for the world’s largest 500 banks, based on asset size. Long-term foreign currency ratings issued by Fitch Ratings, Standard & Poor’s and ...

Capital Raising & Corporate Finance

Emerging Markets Review: Middle East Oil Glut

OIL GLUT   By Gordon Platt   High oil prices have enabled the Middle East’s major oil producers to finance infrastructure investments despite the global slowdown. But the jig might soon be up.   With its massive inflow of oil-export ...
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