Andrew Mayen worked in the banking sector in America before he came back home, together with thousands of others, to South Sudan after the 2005 peace agreement. His new place …
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During the Cold War, Egypt’s centralized, state-directed economy served as a model for other countries looking to adopt a socialist system. All commercial banks were state-owned, and bank employees were …
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Although storm clouds of a deteriorating external economic environment loom ahead, the Tunisian economy preserves a sunny outlook, posting promising signs of sustained growth and continuing open market reforms. Foreign …
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Among all North African countries, Algeria continues to have the best excuses for the state of its economy. Under foreign control until 1956, the country faced nationalization schemes for several …
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While North Africa is not normally known for acuteness in financial management, lately Morocco’s banks have been earning competitive ratings, as well as partnerships with some of the world’s most …
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Five years ago a snapshot of North Africa’s banking industry would have revealed feeble attempts at changing public perception. Constituents of Algeria, Libya, Morocco, and Tunisia remained hindered from realizing …
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Putting comparisons of its fellow GCC members’ banking magnitude aside, the bite-sized banking sector of Oman is performing exceptionally well. Oman acts as a front-runner in attracting foreign direct investment …
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The banking sector in Kuwait did exceptionally well in 2007 thanks to a buoyant economy prodded forth by the rapidly growing oil wealth that is sweeping the region. In fact, …
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The Qatari banking sector is entering a new phase of high growth in 2008. In its latest report, Global Investment House (GIH) believes that banking penetration in Qatar has been …
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Despite losses in profit growth for some banks, overall the Bahraini banking sector did well in 2007. According to a recent report by the Central Bank of Bahrain (CBB), “Against …