Awards
WORLD’S BEST INTERNET BANKS IN MIDDLE EAST/AFRICA 2011
Global Finance names the World’s Best Internet Banks in Middle East/Africa 2011 NEW YORK, July 22, 2011 Global Finance has...
Middle East
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Banking
GCC: Banks Remain Reluctant To Lend
GCC REGIONAL REPORT: BACK FROM THE BRINK By Gordon Platt Upheaval in the region and beyond is encouraging banks to bolster their balance sheets before launching any aggressive lending programs. Banks in the GCC have recovered from the ...
Banking
GCC: Big Changes Loom
GCC REGIONAL REPORT: MARKING A MILESTONE By Gordon Platt The regional group faces new challenges as it celebrates its 30th anniversary. The Gulf Cooperation Council (GCC) celebrated its 30th anniversary on May 25 with quiet flag-raising ceremonies ...
Banking
GCC: High Oil Prices Support Government Spending Rise
GCC REGIONAL REPORT: OIL MARKETS By Gordon Platt Global politics, supply dynamics and the fiscal needs of the GCC’s governments are combining to cloud the prospects for oil prices . Oil prices have been volatile in recent ...
Emerging & Frontier Markets
ME: Lebanon’s Future Uncertain
EMERGING MARKETS ROUNDUP: MIDDLE EAST by Gordon Platt After five months of political wrangling, Lebanon’s prime minister Najib Mikati on June 13 announced a new government led by the Shiite Hezbollah movement, giving Syria and Iran renewed influence ...
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 ...
Country Report
An Oasis Of Calm
COUNTRY REPORT: KUWAIT By Gordon Platt Kuwait has been largely unaffected by the winds of change sweeping through the Middle East and North Africa. In the 50 years since Britain ended its protectorate and Kuwait became an ...
Country Report
Early Days
COUNTRY REPORT: EGYPT By Justin Keay Egypt is still in the very early stages of transition, but if it can establish political stability, its economy should grow strongly over the coming years. If confidence really is the ...
Award Winners
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 ...
Award Winners
BEST BANKS 2011 BY REGION
Global Finance Announces Best Banks by Region 2011 NEW YORK, April 8, 2011 Global Finance magazine has announced its annual...
Banking
Annual Supplement: The Middle East 2011
WINDS OF CHANGE These are times of unprecedented change in the Middle East and North Africa. Years of pent-up frustration among the region’s youth—around 60% of the population in some countries—has already swept away two governments. More may follow, ...
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 ...