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Banking

Cover Story : Recession Proof

MIDDLE EAST REGIONAL REPORT RECESSION PROOF Saudi Arabia epitomizes the trend toward big spending on infrastructure by oil-rich nations that is keeping their economies afloat. By Gordon Platt The Middle East is not immune to the effects of the global ...

Banking

Features : Best Laid Plans

MIDDLE EAST Determined to avoid repeating past mistakes, oil-rich nations in the Middle East have worked hard to diversify their economies. So far they have fared well, but pitfalls remain.   Oil is integral to the Middle East's economic fortunes, ...

Emerging & Frontier Markets

Emerging Markets : GE And Abu Dhabi Form $8 Billion Joint Venture

MIDDLE EAST     Bright future: NYSE deal boosts Doha market. General Electric of the United States has formed an $8 billion joint venture with Mubadala Development, a sovereign wealth fund based in Abu Dhabi, to invest in emerging markets ...

Emerging & Frontier Markets

Emerging Markets: “Green” City Rising Near Abu Dhabi

MIDDLE EAST       Sustainable development: Abu Dhabi plans to create an eco-friendly city. Abu Dhabi, capital of the United Arab Emirates, the world’s third-largest oil exporter, is building a $22 billion carbon-neutral city near its international airport. Known ...

Banking

GCC Report : Inflation Stalks The Gulf

REGIONAL REPORT: GCC / ECONOMIC UPDATE     Currency pegs could come unglued as the region’s economies heat up.       Just when it seemed that it couldn’t get any better for the oil-rich countries of the Gulf Cooperation ...

Banking

GCC Report: Move To Launching Pad

REGIONAL REPORT: GCC / CAPITAL MARKETS The region’s biggest exchanges, in Saudi Arabia and the UAE, are ready for liftoff.     Al Sowailim: Saudi Arabia offers great opportunities for global investors.   The volume of initial public offerings on ...

Award Winners

Features: Awards: Islamic Financial Institutions

ANNUAL SURVEY / ISLAMIC FINANCE Global Finance selects the winners in a fast-growing area of finance that combines investing according to the tenets of Islamic law with modern financial products and systems.   Islamic finance is a system of ethical ...

Capital Raising & Corporate Finance

Corporate Finance : Stock Issues Boom In Oil-rich Gulf

GLOBAL EQUITY/DRS   Saudi Arabia’s Inma Bank, a new Islamic financial institution, raised $2.8 billion in its initial public offering of a 70% stake in April, the largest-ever IPO in the kingdom. Samba Capital, a subsidiary of Samba Financial, was ...

Banking

Cover Story : From Bust To Boom

Middle East Lebanon’s banks are spreading their wings as they push for more growth in the Middle East’s key markets.   Banks in downtown Beirut: Lebanon's financial institutions are expanding through the region. While the banking sector remains the backbone ...
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