Syria is set give life to long-declared plans to expand the country’s insurance industry, issuing licenses to two newly established companies in mid-October, with more firms expected to enter the …
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largely thanks to the legacy of the elder Assad, Syria has very limited opportunities for private investment and the vast majority of interests are publicly owned. The absence of a …
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Syria’s reform drive, expected to step up in 2007, is most noticeable in banking and finance. Although the state dominates the sector, private banks and financial services are opening up, …
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Syria is stepping up reforms to become a “social market economy,” and accelerated changes are widely expected in 2007. But with the country projected to become a net importer of …
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Instead of the post-Ramadan surge which many of the region’s financial analysts and traders had augured during the slow days of summer, important Middle Eastern stock markets converged to a …
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The race to host a central bank for the western Gulf region sees Bahrain and the UAE emerging as the top two candidate nations and, barring any more fanciers, one …
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Speaking at the MENA Economic Forum in Kuwait in November 2007, Ibrahim Dabdoub, CEO of the National Bank of Kuwait, declared that the “Arab banking landscape is being transformed” by …
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looks good for 2007 Simply put, the economic outlook for the Middle East in 2007 is good. Investment flows, GDP projections, and international demand forecasts for the region’s export commodities, …
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The invasion of Iraq opened a Pandora’s box of troubles that have been felt far beyond the country’s borders. One less noted consequence of the invasion has been the emergence …
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Surge in Syria Syria’s soft drinks market is experiencing record growth, expected to surge 17-18% this year compared to last year’s 12% growth, and Pepsi’s market share continues to grow …