Banking & Finance

Egypt’s banking sector is set to become hotly competitive in 2007. Strong international and regional banks that have entered the market in the past two years are aggressively hunting for …

Lebanon is a potentially lucrative market for Islamic banking in view of its diversified community, according to many Lebanese bankers. However, the country still notes a shortage of Islamic financial …

New seeds for economic growth were engineered last month in Beirut when the European Investment Bank and Byblos Bank Group announced that their collaboration had progressed another step towards establishing …

Foreign banks are continuing to show strong interest in Turkey’s banking sector, as demonstrated by the upcoming sale of state owned HalkBank and privately-held Oyak Bank. While the inflow of …

Nissan cars once again topped the regional sales charts. That the brand was able to do this in Lebanon was down to the energy of local agent Rymco, which achieved …

While the consensus of stock market analysts at the end of a harsh 2006 was an uncertainty if those erratic equity markets – mainly those in the Gulf Cooperation Council …

The Middle East continues to experience unprecedented interest in alternative investments as regional institutional investment in hedge funds is expected to surge to $140 billion, or 14% of the total …

A decision by Saudi authorities to put a temporary halt to licensing of new foreign banks until the country completed an evaluation process for those issued in the past few …

In December, Bahrain became the latest country to offer the Islamic Financial Qualification (IFQ), which was launched two months earlier in London as a joint venture between the British Securities …