Central bank governor Sheikh Salem remains positive about Kuwait’s prospects of becoming a financial centre… eventually. Karina Robinson talks to him.
The seriousness with which Qatar has approached the establishment of its financial centre shows the country is committed to attracting international business, writes Nigel Dudley in Doha.
Deutsche Bank is a clear winner for Investment Bank of the Year: EMEA. The scale of its business in Europe is pretty unique, with a particularly powerful franchise across equity and debt capital markets, and FX and derivatives.
The oil price boom is fuelling a major investment spree abroad by the Gulf’s banks, companies and individuals, writes Jon Marks.
International banks are being drawn into the Gulf by a sea of liquidity, with huge opportunities awaiting them provided they physically base themselves in the region, writes Jon Marks.
Nick Kochan explains how contingency planning allowed The Bank of New York Beirut office to remain operational as Israeli bombs fell on Lebanon’s capital.
United Arab Emirates banks face a descent from the dizzy heights of last year’s boom. By Richard Dean in Dubai.
The kingdom is to build a vast financial centre to service its growth and employment needs thereby avoiding the need to import expatriates, write James Gavin and Jon Marks.
Phillip Thorpe, chairman and chief executive of the Qatar Financial Centre Regulatory Authority, tells Richard Dean of a heady year spent establishing a workable framework.
Construction and oil booms are allowing Qatar to shrug off its stock market woes. Richard Dean in Doha explains.
After a rocky period, profit-laden Omani banks are eyeing new and wider markets, writes Mark Ford.
Huge oil revenues place Kuwait in an economic comfort zone that helps to diminish political tensions, while Kuwaiti banks are looking across the region for opportunities, writes Eleanor Gillespie, with Jon Marks.
Bahrain believes its continued dominance as a financial centre lies in it complementing GCC rivals, while taking a lead in Islamic banking. Eleanor Gillespie writes.
Despite the massive market correction earlier in the year, there is no sign of Gulf banks’ growth abating as they continue to reap the benefits of the region’s oil-fuelled bonanza.
Patience and hard work is beginning to pay off for the founder and CEO of Unicorn Investment Bank, Majid Al Sayed Bader Al-Refai. Nick Kochan reports.
High oil prices and massive liquidity have continued to produce booming profits and exceptional growth for most Middle East banks, particularly those in the Gulf region.
Saudi Arabia’s authorities have reacted to recent stock market falls by sacking their regulator and forging ahead with a new financial centre. Jon Marks explains.
Following the election of a Hamas government, the Palestine Authority has been isolated by the international financial community. Nick Kochan reports on the impact.
Sheikh Salem Abdul Aziz Al-Sabah, governor of the Central Bank of Kuwait, tells Stephen Timewell he is optimistic about the future of Kuwait’s banking sector and economy.
Regulatory failings in Kuwait’s stock exchange have led to calls for the setting up of a capital markets authority.