Al Ahli Bank of Kuwait’s CEO, Michel Accad, opens up about his country’s economic role in the Arab world and why the Gulf nation might never achieve all its lofty aspirations.
FTSE announced Kuwait’s forthcoming addition to the Secondary Emerging Markets list last September. What’s happened since?
Salah Al-Fulaij, CEO of NBK-Kuwait, shares thoughts with Global Finance about competition, Kuwait’s growth prospects and the pressures of global regulation.
Peso volatility and investor caution are likely to linger through the middle of the year.
In this Northern Triangle nation, as elsewhere in Latin America, weighing the risks and rewards of foreign direct investment leads to difficult choices.
Even as General Electric looks to overhaul its business by selling assets and cutting back on capital expenditure, it is stepping up its investment in Africa—Nigeria in particular.
After the BRICS and MINT, which emerging-market economies will be tagged as leaders with a jazzy acronym?
Prince Mohammed bin Salman put 11 princes and nearly 200 high-ranking officials, under arrest for corruption.
They are expected to grow by an average 3.3% this year, 0.9% higher than May’s forecast and a big improvement over last year’s 1.9% growth.
Emerging markets could see funds flowing back to them as central banks unwind quantitative easing and liquidity flows back to emering market assets.
The Kingdom of Morocco now allows participative finance. On January 2 the central bank, Bank Al-Maghrib, issued authorizations for five banks to begin commercializing shariah-compliant products and services.
The president elect’s protectionist views on international trade suggest emerging markets will bear the brunt of radical changes in policy—assuming his rhetoric becomes reality.
Like other geographic regions once under communist rule, Croatia has traveled a chaotic road to statehood, but it is now solidifying its economic and political progress.
The cost of producing solar power has fallen sharply in the past five years—so much that in some cases it can be half the price, or even less, of conventional power. Experts predict solar's cost will continue to plummet.
Saudi Arabia made a splash with its $17.5 billion debut in the global bond market, which was the largest debt issuance by an emerging economy. The successful sale on October 19 was increased from an originally planned $10 billion, as ...
The safest three emerging markets banks are South Korean, following ratings upgrades by Moody’s and S&P. Korea Development Bank, Export-Import Bank of Korea and Industrial Bank of Korea now have at least one AA and one AA- rating each, which ...
Syria’s agony is imposing serious costs for neighbors in terms of refugees, lost trade and dampened investment.
Collection troubles and resource dependency hamper African governmental efforts to raise revenue.