Country Report: Kuwait

LONG-TERM VISION   By Justin Keay   Kuwait’s development in recent years has been driven by the state, with little FDI. However, upcoming elections promise a new government that could improve the business climate for foreign investors.   When protesters ...

EM Regional Review: Middle East

    THE ARAB SPRING’S COSTS AND CONSEQUENCES   By Gordon Platt Countries in the region are evaluating the economic outcome of social and political upheaval—both the opportunities and the challenges.   Commercial International Bank, Egypt’s largest private sector bank, ...

GCC: Big Changes Loom

GCC REGIONAL REPORT: MARKING A MILESTONE   By Gordon Platt   The regional group faces new challenges as it celebrates its 30th anniversary.   The Gulf Cooperation Council (GCC) celebrated its 30th anniversary on May 25 with quiet flag-raising ceremonies ...

Regional Report: GCC

GUNS AND BUTTER   The GCC (Gulf Cooperation Council) countries, led by Saudi Arabia, will spend $120 billion over the next few years to buy advanced fighter planes and anti-missile defense systems. They are spending even larger sums to placate ...

Islamic Bank Awards 2011: By Region

Regional Awards Gulf Cooperation Council (GCC) Kuwait Finance House Kuwait Finance House was the first Islamic bank established in Kuwait. It is now a market leader in the GCC and beyond, offering a wide range of shariah-compliant products. KFH has ...

Islamic Bank Awards 2011

ANNUAL SURVEY: ISLAMIC FINANCE   By Gordon Platt   The Islamic finance industry is benefiting from a lack of confidence in the conventional banking sector and is expanding rapidly in emerging markets.   The global financial crisis has forced bankers ...

WORLD’S BEST ISLAMIC FINANCIAL INSTITUTIONS 2011

Global Finance names the World’s Best Islamic Financial Institutions 2011 NEW YORK, April 15, 2011 - Global Finance magazine has announced its fourth annual awards for the World’s Best Islamic Financial Institutions. A full report on the selections will appear ...