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 …
Category:
GCC
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Last month, the governor of Kuwait’s central bank, Sheikh Salem Abdelaziz al-Sabah, announced that his national currency would no longer be pegged to the US dollar. It was a shock …
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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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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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Racing season in the Persian Gulf has all but come to an end with the Formula One Grand Prix in Bahrain. Prior to Bahrain there was the annual Dubai World …