Features: Looking Up In Dubai

REGIONAL REPORT: Gulf Cooperation Council

The UAE economy is well on the road to recovery, one of its biggest boosters says.


By Gordon Platt


Abdul Aziz Al Ghurair, speaker of the house of the Federal National Council, the parliament in ...

Regulars : EM Roundup Middle East

Kohlberg Kravis Roberts, the US-based private equity firm, received a license to operate from the Dubai International Financial Center.

By Gordon Platt

09June_12_01 The building in which the firm, whose 1988 leveraged buyout of RJR Nabisco was chronicled in a book ...

Cover Story : Recession Proof

alt

MIDDLE EAST REGIONAL REPORT


RECESSION PROOF

Saudi Arabia epitomizes the trend toward big spending on infrastructure by oil-rich nations that is keeping their economies afloat.

By Gordon Platt

The Middle East is not immune to the effects of the global ...

Features : Back To Basics

SECTOR REPORT
SOVEREIGN WEALTH FUNDS

A series of disastrous investments in Western banks and mounting pressure to invest locally is prompting a sea change in sovereign wealth funds’ investment attitudes.

backtobasicsfeb2009

Dickinson: Some SWFs are facing pressure to diversify their investments ...

Features : Best Laid Plans

MIDDLE EAST


Determined to avoid repeating past mistakes, oil-rich nations in the Middle East have worked hard to diversify their economies. So far they have fared well, but pitfalls remain.

alt
Oil is integral to the Middle East's economic fortunes ...

Features : Islamic Finance

BACK TO BASICS
ISLAMIC FINANCING

The core ethical principles of Islamic finance have protected the industry from the worst effects of the credit crunch.



alt

A customer makes a transaction at Emirates Bank in Dubai.

One segment of the financial markets ...

GCC Report: Shifting Gears

REGIONAL REPORT: GCC / COUNTRY PROFILE: QATAR


Qatar has plenty of gas for the long drive to becoming a knowledge-based economy.

gcc5

Doha's constantly changing skyline illustrates Qatar's rapid growth.

Qatar has the world’s third-largest reserves of natural gas ...

GCC Report: Move To Launching Pad

REGIONAL REPORT: GCC / CAPITAL MARKETS


The region’s biggest exchanges, in Saudi Arabia and the UAE, are ready for liftoff.

gcc8

Al Sowailim: Saudi Arabia offers great opportunities for global investors.

The volume of initial public offerings on the Saudi Stock ...

Features: Awards: Islamic Financial Institutions

ANNUAL SURVEY / ISLAMIC FINANCE

Global Finance selects the winners in a fast-growing area of finance that combines investing according to the tenets of Islamic law with modern financial products and systems.


Islamic finance is a system of ethical investing that ...

Features : Sharing In Risk And Reward

SECTOR REPORT / ISLAMIC FINANCE

The range of Islamic finance techniques is growing rapidly, but some are concerned that the most innovative products may be flouting shariah principles.

features2-1 While conventional financial markets are still reeling from the credit crunch, and the ...

Cover Story : Secondary Development

Middle East



As Islamic bonds become more popular, banks are creating a viable secondary market.

cover_story11

Emirates Islamic Bank: Reaping the benefits of a surge in business.

Asurge in the issuance of sukuk, or Islamic bonds, and growing demand from global ...

Features : Opportunity Play

SOVEREIGN WEALTH FUNDS

Sovereign wealth funds snap up bargains in one of the biggest financial industry land grabs in history.



features1_1
Bader Al Sa'ad, head of Kuwait's SWF, helped arrange a huge cash infusion for Citi.
To say Citi ...

Features : Changing The Game

SOVEREIGN WEALTH FUNDS

With sovereign wealth funds rapidly becoming one of the most powerful forces in global finance, one key question has emerged: Should they be feared or revered?



features_changing1 With the subprime-induced credit crunch causing stocks of financial giants such ...