Middle East Archives

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Award Winners

Features: Awards Best Emerging Market Banks 2010 Middle East

MIDDLE EAST By Gordon Platt REGIONAL WINNER : National Bank of Kuwait National Bank of Kuwait, the leading bank in Kuwait and the highest-rated bank in the Middle East, earned $925 million last year, an increase of 4% ...

Banking

Milestones: Dubai Works To Restore Reputation

Dubai By Gordon Platt and Anita Hawser Dubai: Debt resolution should improve economic fortunes Dubai moved a step closer to resolving its debt problems with the announcement of a plan to invest $9.5 billion to restructure its flagship ...

Features

Middle East 2010

Banking

Middle East Supplement: Bankers Survey A Changed Landscape

MIDDLE EAST: BANKING INDUSTRY Banks across the region learned many painful lessons during the crisis but have emerged stronger than ever. By Gordon Platt Financial institutions across the Middle East are carefully monitoring their loan portfolios ...

Banking

Middle East Supplement: Region Takes The Lead In Going Green

MIDDLE EAST: RENEWABLE ENERGY Oil producers aim to turn the desert sunshine into a new export: solar energy. By Gordon Platt When the oil runs out, the sun will still be shining and the Middle East ...

Banking

The Middle East’s Rapid Recovery

A Rapid Recovery By Gordon Platt Demographics and hydrocarbons make the Middle East a dynamic region that is rapidly advancing, despite the debt overhang in Dubai. A young and fast-growing population is demanding jobs, and regional governments are ...

Award Winners

BEST EMERGING MARKET BANKS MIDDLE EAST 2010

Global Finance names the 2010 World’s Best Emerging Market Banks in the Middle East NEW YORK, March 23, 2010 —...

Banking

Cover Story: Rising Oil Prices Boost Confidence

Emerging Markets Focus: Middle East The outlook for the Middle East’s economy has brightened substantially in recent months, but the reluctance of banks to lend remains worrisome. Bond issues are picking up some of the slack. By Gordon ...

Emerging & Frontier Markets

Emerging Markets: Middle East

Roundup By Gordon Platt ExxonMobil is first US company to win Iraq oil contract A joint venture of ExxonMobil and Royal Dutch Shell has clinched a $50 billion deal to develop one of Iraq’s biggest oil fields, the ...

Banking

Milestones: Turkey Enjoys Growing Profile In Arab World

Lebanon/Syria/Turkey By Nick Kochan Yilmaz: Turkish banks were ready for leverage crisis The evolution of Turkey’s role in the Middle East and beyond was clearly on display at a late-October risk management conference in Beirut. The guest speaker ...

Emerging & Frontier Markets

Emerging Markets: Potash Producer Loves Green Shoots In Global Economy

Investor Potash Producer Loves Green Shoots In Global Economy. By GP Israel Chemicals is one of the best-positioned potash producers in the world, given its exclusive concession from the Israeli government to extract a seemingly endless supply ...

Banking

Features: Country Report: Lebanon

BUCKING THE GLOBAL TREND Lebanon sidestepped the global turmoil and is busy building on its newfound prosperity. By Justin Keay On any morning in downtown Beirut—along the sunny Corniche or in the cafes in the reconstructed ...