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Banking

Middle East 2013: Takaful Insurance

SHARING RISK By Anita Hawser Takaful insurance markets are growing steadily in the Gulf, but the regulatory framework is still developing in some countries. Taking out car, property or life insurance is second nature in the West, ...

Banking

Middle East 2013: Transition Economies

DEFYING EXPECTATIONS By Gordon Platt For many, the Arab Spring symbolizes years of painful economic and political reforms ahead. But financial institutions are upbeat about the region’s prospects, noting that markets such as Iraq and Libya continue to ...

Banking

Middle East 2013: UAE: Visions Of Splendor

VISIONS OF SPLENDOR By Gordon Platt Investor confidence has returned to the UAE, with the former debt-laden emirate of Dubai once again planning major infrastructure projects. Even a new financial center is planned for construction. Dubai continues ...

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World’s Best Emerging Markets Banks in the Middle East 2013GFMag.com Admin

Global Finance names the World’s Best Emerging Markets Banks 2013 in the Middle East NEW YORK, March 20, 2013 Global...

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 ...

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Safest Banks in the Middle East and Africa: April 2013

Global Finance names the Safest Banks in the Middle East and Africa: April 2013 NEW YORK, February 26, 2013 Global...

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World’s 50 Safest Banks: April 2013

Global Finance announces a half-yearly update World’s 50 Safest Banks: April 2013 NEW YORK, February 26, 2013 Bank stability is...

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WORLD’S BEST INVESTMENT BANKS 2013

Global Finance names the World’s Best Investment Banks 2013 New York, February 22, 2013 Global Finance announces the winners of...

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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 ...