Kuwait’s banking industry has risen to new challenges and increased prominence in the past two years as the Gulf’s northernmost emirate was simultaneously tested by its ballooning revenues and by …
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Bahrain is well on the way to becoming the Islamic banking hub of the Middle East, but the small Gulf island faces stiff competition from Dubai, Saudi Arabia and Qatar, …
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The sands of Qatar might as well be gold dust, or so one is tempted to think when contemplating the recent rise of Qatar to one of the world’s three …
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In a region abounding with new wealth and enticing investment opportunities, no market has greater scale and vaster projects than Saudi Arabia. The kingdom’s banks are pulsating with financial energy …
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Over the past 20 years of banking growth, the UAE has become a biosphere of financial institutions – local, foreign, specialized, conventional, and sharia-compliant – to a total sector count …
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UAE’s banking sector is the second largest in the GCC with asset growth outstripping GDP since 2000, according to latest official figures. Banks in the UAE were expected to face …
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Turkey’s Central Bank has pledged to maintain tight monetary policy to meet inflation targets, warning that, despite predicted continuation of recent disinflation, the risk of inflation is far more serious. …
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As Jordan’s financial services industry comes of age, the banking sector has been shaping itself into one of the major contributors to the country’s increasing economic power. The sector may …
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Last spring Hani Houssami, General Manager of the Saudi National Commercial Bank (NCB) in Beirut, was gearing up for a busy summer season ahead. Tens of thousands of Saudis were …
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Tourism: hotel nights Arrivals of non-resident tourists staying in hotels and similar establishments Average annual growth in percentage, 1998-2005 or latest available period Over the period as a whole, the …