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FDI & Economic Development Update | Asia
Inbound FDI was down globally last year, but the lion’s share went to Asia.


Global Finance sat down with Egyptian bank CIB’s chairman and MD, Hisham Ezz Al-Arab, to discuss its strategy during the Arab Spring and how it plans to attract a younger clientele.

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Latest Content

Book Review: Heaven’s Bankers

Book Review: Heaven’s Bankers

The Islamic finance industry has grown significantly over the past 15 years, and Harris Irfan's book, Heaven’s Bankers: Inside the Hidden World of Islamic Finance gives a fine account of some the groundbreaking transactions that opened up the industry and made it more competitive.

Recent Video

 The World's Best Banks of 2015 - Announcement

The World's Best Banks of 2015 - Announcement

Andrea Fiano (Editor) & Denise Bedell (Managing Editor) of Global Finance announce The World's Best Banks of 2015, who the new & returning winners are, and our methodology. 

Global Data

Cost of Living Worldwide

Cost of Living Worldwide

The OECD defines a cost of living index (COLI) as an index that measures the change in the minimum expenditures that would be incurred by a utility-maximizing consumer, whose preferences or tastes remain unchanged, in order to maintaining a given level of utility (or standard of living or welfare).

The Poorest Countries in the World

There are two standard methods of measuring the wealth of countries and how rich or poor its inhabitants are. The measure most often used is Gross Domestic Product (GDP), which represents the size of a country’s economy. A refinement of ...

Awards & Rankings

From the Wires

BOC's Poloz Warns of 'Atrocious' Impact of Oil Slump

Canada's Central Bank governor warned in a Financial Times interview Monday of the "atrocious" effect the slump in oil prices is having on the Canadian economy but expressed confidence that a cheaper currency and a rebounding U.S. economy will help ...

U.S. Consumer Spending Up 0.1% in February -- Update

By Ben Leubsdorf And Jeffrey Sparshott WASHINGTON--Consumer spending rose only modestly in February as Americans saved more, a sign of cautious consumption that could restrain the broader U.S. economy. Personal spending, which measures purchases of everything from groceries to haircuts, ...

Deadline Delayed for Schlumberger, Eurasia Drilling Deal

By Selina Williams LONDON--Russia's largest onshore oil drilling firm Eurasia Drilling Co. Ltd. said Monday it would extend a final deadline on a proposal to sell a stake to oil-field services giant Schlumberger Ltd. for about $1.7 billion. Russian officials ...