Managing Amid Uncertainty: Hashim Shawa, Bank Of Palestine

The Bank of Palestine traces its roots back to 1960. Political upheaval has punctuated the bank’s operating environment since its founding. The bank’s chairman and general manager shares his experiences with Global Finance. 

A High-Stakes Poker Game

The Middle East is no stranger to political and economic uncertainty, but simmering religious and political tensions and stubbornly low oil prices have dealt the region a difficult hand. The question now is: How will countries play in order to win? 

Fast Follower: Tirad Al-Mahmoud, Abu Dhabi Islamic Bank

Abu Dhabi Islamic Bank was the first Islamic bank established in Abu Dhabi, in 1997, and has evolved to become one of the largest retail banks in the United Arab Emirates, with one of the strongest digital footprints of any bank in the UAE. ADIB increased full-year net profits by 10.5% in 2015 to reach 1.9 billion dirhams ($520 million). Global Finance sat down with ADIB’s CEO at the bank’s head office in Abu Dhabi.

Iran Elections Stir Optimism

Milestones | Iran
A strong showing by moderates in February’s elections to Iran’s parliament and assembly of experts (the constitutional body that appoints and dismisses the supreme leader) has boosted prospects for the Islamic republic’s reintegration into the global economy and reassured foreign investors that reforms will continue.

Banking On Talent: Abdulrazak Ali Issa, Bank Muscat

Now that some sanctions have been lifted against Iran, Oman’s governmental policy of neutrality could come to the fore in the banking sector. Bank Muscat is gearing up to enter the Iranian market, placing it ahead of many of its banking counterparts in the Gulf. Bank Muscat’s CEO answers questions from Global Finance about the move, and the bank’s challenges in an epoch of austerity.

Driving Momentum: Shayne Nelson, Emirates NBD

Emirates NBD returned a stellar performance in 2015, but this year looks to be an entirely different proposition. Shayne Nelson, Emirates NBD Group’s CEO, tells Global Finance how the bank plans to drive growth and why consolidation is needed in the UAE banking sector. 

Is Singapore Headed For Recession?

Singapore could face a technical recession in the first half of this year as plunging oil prices and a drop in China’s appetite for imports weigh on the city-state’s economy.