Good fundamentals and political uncertainty present opportunities for savvy underwriters, despite rising interest rates.
Economic and political factors could force companies to put acquisition plans on hold, making for an unpredictable 2018. But this year’s Best M&A Bank winners are still optimistic about future growth prospects.
Although 2016’s frothy market didn’t repeat, regional M&A advisors in the US aren’t complaining about 2017.
Is low volatility gone, or will it continue in 2018? Winners in the Derivatives categories are hedging their bets on which way the volatility pendulum swings in order to stay ahead of the game.
Energy was a major component of deals this year—both fossil fuels and renewables. Green energy also made a big splash, as did one of the largest foreign direct investments into India.
Middle East: Annual Supplement
Across the Middle East, where more than half of the population is under the age of 24, educational systems are strained and unemployment rates are high. Even in the oil-rich Gulf, fiscal pressures from lower hydrocarbon revenues are forcing governments to cut back on the largesse their citizens have come to expect.
Meanwhile, US policies toward the region are changing and uncertain. The decline in US reliance on Middle East energy sources, due to the rise of domestic shale oil production, has led some to question America’s long-term commitment to the Middle East. Still, there are other areas where the US and its companies can become more deeply involved in the region than ever before. These areas are primarily related to new technologies, such as fintech, biotech and artificial intelligence.
Egypt’s entrepreneurs need innovative financial services delivered via mobile phone to become successful contributors to the economy, says CIB’s chairman and managing director, Hisham Ezz Al-Arab.
Amid talks of a merger between is bank and two others, Omar Bouhadiba, managing director International Bank of Qatar (IBQ), talks about the domestic market, mitigating impacts of the blockade, banking innovations and what-if scenarios.
As Qatar diversifies its economy away from oil revenues, QInvest CEO Tamim Al-Kawari says it sees strong growth potential across a range of industry sectors ranging from healthcare, agriculture and education to industrials.
Bank Muscat CEO Abdul Razak Ali Issa discusses the unique challenges and opportunities of banking in Oman, and how his institution serves clients throughout the region.
Sunil Kaushal, Standard Chartered Bank’s regional chief executive of Africa and the Middle East, speaks with Global Finance about where he sees potential for growth in the high-risk region.
Qatar National Bank (QNB) CEO Ali Ahmed Al-Kuwari says the bank’s sound economic fundamentals and regional diversification aspirations have helped it withstand the impact of Saudi sanctions on Qatar.
While other banks look abroad for growth, Boubyan Bank CEO and vice chairman Adel Al Majed says Boubyan focuses closer to home.
Corporate Finance & Capital
The Trump administration's economic policy decisions are being shaped by national security concerns.
Ivory Coast has the fifth highest percentage of adults with mobile money accounts in the world.