Performance is likely to remain strong, provided interest rates and immigration remain high
Closer alignment with the EU is set to boost economic prospects further
After a brief respite in 2022, Kuwait’s economy once again slips back into structural deficit
The smallest economy in the Gulf is looking to build on closer US ties and a steady rise in FDI
The outlook is bolstered by a growing export market, the return of tourism and a recovering property sector
The Dominican Republic registered one of the best growth rates for Latin America and the Caribbean’s larger economies in 2022, and, while 2023’s will be lower, the country has strong macroeconomic fundamentals and a diversified economy.
The banking system is solid but credit penetration is still low.
Lenders in the UAE are increasingly keen to burnish their green credentials ahead of COP28, which begins next month.
Sovereign wealth funds' integral role in the region's domestic economic transformation necessitates higher for longer oil prices.
The GCC’s most diversified economy is set to outperform its neighbours amid this year’s fluctuating oil prices.
Morocco’s minister of economy and finance talks to John Everington ahead of the annual meetings of the World Bank and IMF.
With few opportunities for expansion, many of Japan’s banks are looking overseas, and towards the green sector, for growth.
India’s private sector banks are enjoying a period of growth and climbing up The Banker’s Top 1000 World Banks ranking. Rekha Gupta Menon reports on how strategic M&A has enabled some banks to see strong expansion.
India’s banks are enjoying a period of relative calm, and a focus on retail has helped with bringing stability. The Banker reports on how the regulator has also stepped up support.
Development money is pouring into Ukraine, but some NGOs and civil society organisations are not convinced the money is being well spent. And what does “build back better” even mean?
As Saudi Arabia begins issuing technical certifications to banks and fintechs, the UAE’s open banking framework remains some way off.
Uzbekistan is a large country with big ambitions. It is gradually opening up its economy, and banking sector, to the world and foreign investors, but the road to reform is never easy.
After many years in the shadow of the UAE, Saudi Arabia’s start-up and venture capital ecosystem is growing rapidly.
While the impact of higher gas prices is set to ease in the short term, expansion of the North Field LNG project will underpin economic growth in the coming years.
A dollar shortage and falling international reserves are highlighting the limits of a very heterodox economic model.